Nibe Defence Unit Receives Defence Manufacturing Licence; Shares Rise 0.49% 

Mumbai, June 8: Nibe subsidiary, Nibe Defence and Aerospace, has received a licence from the Department for Promotion of Industry and Internal Trae (DPIIT) for manufacturing and proof-testing of firearms and ammunition. 

The company disclosed the development through an exchange filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 

According to the filing, the licence has been granted under provisions of the Arms Act, 1959, Arms Rules, 2016 and related notifications issued by the Ministry of Home Affairs. 

Nibe said the approval allows the subsidiary to manufacture and conduct proof-testing for firearms and ammunition systems. The licence will remain valid for a lifetime period, as per the disclosure. 

Stock Market Snapshot 

Nibe shares moved higher in early trade following the regulatory update. 

As of 9:58 am IST on June 8, 2026, the stock was trading at ₹1,598.20 on the NSE, up 0.49% or ₹7.80 from the previous close of ₹1,590.40. 

The Nibe share price witnessed volatility during the morning session before holding gains as investors reacted to the defence manufacturing development. 

Licence Expands Defence Manufacturing Capabilities 

The company stated that the approval strengthens its position across the defence manufacturing value chain and supports its focus on advanced technologies and precision-engineered systems. 

According to the filing, the licence is relevant for arms of calibre above 12.7 mm and expands the subsidiary’s operational capabilities in the defence segment. 

The approval also comes at a time when domestic defence manufacturing companies are seeing increased opportunities under India’s localisation and defence production initiatives. 

About Nibe Ltd 

Nibe Ltd operates in the defence and engineering segment with exposure to manufacturing solutions for aerospace and defence applications. 

Through its subsidiary businesses, the company has been expanding its participation in specialised defence production and precision-engineered systems. Nibe Defence and Aerospace focuses on advanced manufacturing capabilities catering to domestic and international requirements. 

Conclusion 

The latest regulatory approval marks a significant operational development for Nibe’s defence subsidiary and broadens its manufacturing scope within the arms and ammunition segment. 

Investors will likely monitor how the company scales production capabilities and executes opportunities arising from the expanded licence framework. 

Source: 

• https://www.nseindia.com/get-quote/equity/NIBE/NIBE-Limited 
• https://nsearchives.nseindia.com/corporate/9028072464_06062026144718_Upload.pdf