Nibe Limited Secures ₹150.62 Crore Export Order for Universal Rocket Launchers
By Ankur Chandra | Updated at: May 31, 2025 10:45 PM IST
PUNE, May 24, 2025 – Nibe Limited (BSE: 535136, NSE: NIBE) announced on Saturday that it has secured a significant international defence order valued at approximately ₹150.62 crore (USD 17.52 million) for the manufacture and supply of Universal Rocket Launchers capable of striking targets up to 300 kilometers away.
Strategic International Contract
The order has been awarded by a prominent Israel-based global Original Equipment Manufacturer (OEM) in the defence technology space, further establishing Nibe’s foothold in international markets. The scope of the order includes manufacturing and delivery of advanced Universal Rocket Launchers, reinforcing India’s growing role in global defence supply chains.
Contract Highlights
| Particulars | Details |
|---|---|
| Order Value | USD 17.52 million (approx. ₹150.62 crore) |
| Nature of Work | Manufacture and supply of Universal Rocket Launcher |
| Range | Up to 300 km |
| Client | Leading global OEM (Israel-based defence company) |
| Execution Timeline | On or before November 2027 |
| Transaction Type | International |
| Promoter Group Involvement | No interest; not a related party transaction |
Strategic Outlook
This international defence contract underscores Nibe Limited’s growing capabilities in advanced weapon system manufacturing and export. With the global defence sector increasingly leaning on reliable partners in India, such high-value contracts are expected to fuel further growth, visibility, and innovation for Nibe.
The company has affirmed that this development does not involve any related party transactions and is purely strategic in nature, executed at arm’s length with no promoter group interests involved.
This announcement complies with Regulation 30 of SEBI (LODR) Regulations, 2015.
https://nsearchives.nseindia.com/corporate/9028072464_24052025141042_NibeLimited.pdf
