Deals2 Aug 2025, 01:30 pm
NIBE Ltd Receives USD 7,00,000 Purchase Order from Elbit Systems Land Ltd for Manufacturing and Supply of GATR 70mm Guided Rocket Parts
AI Summary
NIBE Limited has announced that it has received a Purchase Order from Elbit Systems Land Ltd, a leading global Israel based defence Technology Company, for a total consideration of USD 7,00,000 i.e. approx. INR 6.12 crores for manufacturing and supply of GATR 70mm Guided Rocket (10km) parts. The order is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of the order are attached as Annexure A.
Key Highlights
- NIBE Ltd received a Purchase Order from Elbit Systems Land Ltd for USD 7,00,000
- The order is for manufacturing and supply of GATR 70mm Guided Rocket (10km) parts
- The order is in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The order is expected to be executed by September, 2026
- The order is worth approximately INR 6.12 crores