Deals16 Jan 2025, 06:55 pm
BDL Secures Rs 2960 Crore Order for MRSAM Supply to Indian Navy
AI Summary
Bharat Dynamics Ltd (BDL) has signed a contract worth Rs 2960 Crore with the Ministry of Defence for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy. This significant development comes under Regulation 30 of SEBI (LODR) Regulations, 2015, and underscores BDL's commitment to serving the nation's defense needs.
Key Highlights
- BDL signs a contract worth Rs 2960 Crore with the Ministry of Defence
- Contract is for the supply of Medium-Range Surface-to-Air Missiles (MRSAM) for the Indian Navy
- This deal emphasizes BDL's role in serving the nation's defense requirements
- The deal is in accordance with Regulation 30 of SEBI (LODR) Regulations, 2015