2 days ago
Nibe bags Rs 22.66 crore order for the supply of Turret Structure Assemblies
Nibe Ltd. has secured a significant purchase order valued at ₹22.66 crore from one of India's leading infrastructure and defence companies. The contract involves the supply of Turret Structure Assemblies, a critical component used in defence equipment manufacturing.
The order is domestic in nature and will be fulfilled in phases, with completion expected by June 28, 2026. The total contract value includes all applicable taxes and duties.
In the exchange filing, the Nibe shared, 'The company has received a Purchase Order from one of the leading Infra and Defence Company for Supply of Turrets Structure Assembly for a total consideration of Rs. 22.66 Crores (inclusive of all taxes and duties) as per details mentioned in annexure A.'
This latest win highlights Nibe's growing presence in the defence manufacturing sector and reinforces its role as a reliable supplier of high-precision structural assemblies for the country's defence infrastructure.
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