NIBE Limited Secures Rs 22.66 Crore Order for Turrets Structure Assembly

NIBE Limited (NIBE) has announced the receipt of a significant purchase order valued at Rs. 22.66 Crores. The order, secured from one of India’s leading Infra and Defence Companies, is for the supply of Turrets Structure Assembly.

According to the company’s regulatory filing, the total consideration of Rs. 22.66 Crores for this domestic order is inclusive of all applicable taxes and duties. The execution of the order is planned in tranches, with completion expected by June 28, 2026.

This announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Prior to the market close, NIBE shares (NIBE) were last traded at Rs. 1669, marking a 0.7% decline. The announcement was made outside market hours.

source: Corporate Announcement

Join our Telegram for instant updates!