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Business Update25 Nov 2025, 10:01 pm

Nibe Ordnance Subsidiary, Globe Forge Limited, Takes Possession of 3,99,408 Square Meter Plot in Shirdi Industrial Area

AI Summary

Nibe Ordnance and Maritime Ltd has announced that its subsidiary, Globe Forge Limited (formerly known as Nibe Ordnance Global Limited), has taken possession of a plot admeasuring 3,99,408 Square meters situated at Shirdi Industrial Area. The plot was allotted by Maharashtra Industrial Development Corporation (MIDC) vide letter no. MIDC/RO(AHILYANAGAR)/Shirdi/LMS-36/DIS-95183/2025 dated February 05, 2025. This development comes in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Key Highlights

  • Nibe Ordnance's subsidiary, Globe Forge Limited, has taken possession of a 3,99,408 Square meter plot in Shirdi Industrial Area.
  • The plot was allotted by Maharashtra Industrial Development Corporation (MIDC).
  • This development is in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.
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