NIBE Ltd

NIBE Ltd announced that Mrs. Ranjana Manoj Mimani has resigned as a Non-Executive, Non-Independent Director and Chairperson of the Stakeholders Relationship Committee, effective September 29, 2026. The resignation is attributed to her pre-occupancy and a recent appointment in a Singapore-based company. The company has confirmed no other material reasons for her departure. This change impacts the board composition and committee leadership.

NIBE Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with the company's Code of Conduct for Prevention of Insider Trading. The window will be shut for all Directors, Promoters, Designated Persons, Connected Persons, and their Immediate Relatives starting from Thursday, October 01, 2026. It will remain closed until 48 hours after the announcement of the Unaudited Financial Results for the quarter and half year ending September 30, 2026. Trading in NIBE Ltd securities is strictly prohibited for these individuals during this period.

Nibe Limited and France's Naval Group have signed a Memorandum of Understanding (MoU) to establish a strategic partnership aimed at strengthening India's naval shipbuilding capabilities and maritime technology ecosystem. The collaboration will focus on technological areas such as modern naval technologies, shipbuilding, defense platforms, and autonomous systems, including underwater drones, mine countermeasure vessels, and submarine systems. This initiative aligns with India's 'Atmanirbhar Bharat' (self-reliant India) program, fostering indigenous development and manufacturing in the defense sector. The partnership leverages Naval Group's extensive experience in India and Nibe's expertise in integrated defense solutions to enhance technological offerings for the Indian Navy.

NIBE Ltd has issued a letter to shareholders whose email addresses are not registered, informing them about the availability of the Annual Report for FY 2025-26. The report can be accessed via a weblink and QR code on the company's website (www.nibelimited.com) and the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). The company also provided key details for its 21st Annual General Meeting (AGM) scheduled for Tuesday, September 29, 2026. Additionally, NIBE Ltd is reminding security holders with physical shares to update their KYC details as per SEBI's master circular, including PAN, address, mobile number, bank details, and signature, and encourages them to register their email IDs for online services and green initiatives.

NIBE Ltd has submitted its 21st Annual Report for the Financial Year 2025-2026, along with the Notice of the Annual General Meeting, as per SEBI regulations. The report, available on stock exchange websites (BSE, NSE) and the company's website (www.nibelimited.com), details corporate information, stakeholder letters, board reports, financial statements (standalone and consolidated), management discussion, and corporate governance reports. Key personnel changes include the resignation of CFO Jigar Shah on April 11, 2026, and CEO Prakash Khose on June 25, 2026, with Ganesh Ramesh Nibe appointed as CEO on August 14, 2026. The report also lists statutory, cost, secretarial, and internal auditors, as well as bankers and the registrar & transfer agent.

NIBE Ltd has issued a notice for its 21st Annual General Meeting (AGM) to be held on Tuesday, September 29, 2026, at 03:00 p.m. via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The AGM will cover ordinary business including the adoption of audited standalone and consolidated financial statements for FY 2025-26, declaration of a dividend of ₹1.30 per equity share, and re-appointment of a director. Special business includes ratification of remuneration for Cost Auditors for FY 2027 and authorization for the Board to borrow funds exceeding the specified limit under Section 180(1)(c) of the Companies Act, 2013. The cut-off date for voting eligibility is September 22, 2026, with remote e-voting from September 26 to September 28, 2026.

NIBE Ltd has announced its 21st Annual General Meeting (AGM) will be held on Tuesday, September 29, 2026, via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The company has set September 22, 2026, as the cut-off date for determining voting eligibility. Remote e-voting will be open from September 26 to September 28, 2026. The Register of Members and Share Transfer Books will be closed from September 23 to September 29, 2026, for the AGM and potential dividend payment for FY 2025-26.

NIBE Ltd has announced the record date for determining shareholder eligibility for dividend payment for the financial year 2025-26. The 21st Annual General Meeting (AGM) is scheduled for Tuesday, September 29, 2026, to be held via Video Conferencing. The cut-off date for voting eligibility is September 22, 2026. The e-voting period will be from September 26 to September 28, 2026. The company's Register of Members and Share Transfer Books will be closed from September 23 to September 29, 2026, for the AGM and dividend payment, if declared. Dividend payments, subject to tax, will be made within 30 days post-AGM.

Nibe Limited announced that its subsidiary, Nibe Space Private Limited, has received a Letter of Award from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for a project valued at ₹12,14,85,476 (exclusive of GST). The project involves GIS Survey, Mapping & Data Preparation of MSEDCL's distribution network across Pune and Konkan regions. The execution period for this contract is within 42 months, delivered in tranches. This award signifies a significant business development for the subsidiary and contributes to the company's ongoing projects in the infrastructure and utility sector.

NIBE Ltd has announced a significant supply contract with the Indian Army, Ministry of Defence, Government of India. The contract is for the manufacturing and supply of thirty (30) Sets of Loiter Munition System, including three hundred (300) Loiter Munitions and associated testing equipment. The total consideration for this order is ₹563.35 crore, inclusive of all taxes and duties. The order falls under the 'Buy (Indian)' category, emphasizing domestic manufacturing. Execution and delivery of the order are scheduled to occur in tranches within 12 months from the release of advance payment post-contract signing. This contract represents a substantial business win for NIBE Ltd in the defence sector.