Deals17 Sept 2025, 02:01 pm
Nibe Ordnance and Maritime Ltd Subsidiary, Globe Forge Limited, Receives Purchase Orders Worth Rs. 282.61 Crore
AI Summary
Nibe Ordnance and Maritime Ltd, formerly known as Anshuni Commercials Limited, has announced that its subsidiary, Globe Forge Limited, has received purchase orders amounting to Rs. 282.61 Crore from a leading Defence Company. The orders are for the supply of Empty Shell and are expected to be executed and delivered in tranches by October 2026.
Key Highlights
- Nibe Ordnance and Maritime Ltd's subsidiary, Globe Forge Limited, receives purchase orders worth Rs. 282.61 Crore.
- The orders are from a leading Defence Company for the supply of Empty Shell.
- The orders are expected to be executed and delivered in tranches by October 2026.
- This development is a significant deal in the defence sector.