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Bharat Dynamics Limited — Capital/Financing Update 2023
Feb 15, 2023
60477_rns_2023-02-15_341d3604-9d74-4e2e-9a35-b4078abe3898.pdf
Capital/Financing Update
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BHARAT DYNAMICS LIMITED
(A Govt. of India Enterprise, Ministry of Defence) CIN :- L24292TG1970GOI001353
Corporate Office: - Plot No. 38-39, TSFC Building, Near ICICI Towers, Financial District,Nanakramguda, Hyderabad-500032
Registered Office: - Kanchanbagh, Hyderabad-500058
Tel: 040-23456145; Fax: 040-23456110 E-mail: [email protected]; Website:www.bdl-india.in
Ref-BDL/CS/2023/SE-9
Date:15/02/2023
| To, The Manager Compliance Department The National Stock Exchange of India Ltd Exchange Plaza, Bandra-Kurla Complex, Bandra (East) **Mumbai- 400051 ** |
To, The Manager Compliance Department BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, **Mumbai- 400001 ** |
|---|---|
Scrip Code / Symbol: 541143/ BDL
- Subject: Media Release Reg.
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, (as amended) we are enclosing herewith a copy of media release titled “BDL enters into MoUs during Aero India – 2023” being issued to media.
Yours faithfully,
For Bharat Dynamics Limited
NAGARAJA Digitally signed by NAGARAJA NAGULA NAGULA Date: 2023.02.15 17:54:28 +05'30' N. Nagaraja Company Secretary
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BHARAT DYNAMICS LIMITED (A Govt. of India Enterprise under Ministry of Defence) Corporate Office: Gachibowli, Hyderabad
BDL/104/BD – CC/MR/04 15 Feb 2023
MEDIA RELEASE
BDL enters into MoUs during Aero India – 2023
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Bharat Dynamics Limited (BDL), which is showcasing its largest-ever display of its products during the ongoing Aero India – 2023 at Bengaluru has entered into ten Memorandum of Understanding (MoU) with several foreign and Indian companies today.
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BDL has entered into MoU with Thales for setting up manufacturing facilities for Laser Guided Rocket and its major components in India. As per the MoU, the Laser Guided Rockets manufactured at the new facility will be offered to the Indian Defence Forces. The MoU will facilitate BDL to become part of the Thales global supply chain to address the future requirements of Export markets jointly with Thales.
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In addition to the above, an MoU was signed by BDL with EDGE Group entity, AL TARIQ, UAE to jointly produce the all-weather, day / night, long-range precisionguided munition (LR-PGM) kits in India.
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BDL has also signed MoU with BULTEXPRO LTD, BULGARIA for setting up the manufacturing facilities for 122mm GRAD BM ER and NON ER rockets in India under ‘Make in India’ with Transfer of Technology.
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BDL and Indian Institute of Technology Madras (IITM), Chennai has entered into MoU to work together on Design and development of Propellant grains for various missiles and futuristic weapon systems.
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BDL entered into MoU with Tamil Nadu Industrial Development Corporation Limited (TIDCO), Chennai under which TIDCO and BDL will work on new programs with the centre of excellence of TIDCO .
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The MoUs were announced in the presence of Hon’ble Raksha Mantri Shri Rajnath Singh during the Bandhan Ceremony held on the side lines of Aero India – 2023 at Bengaluru today.
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Commodore Siddharth Mishra (Retd), CMD, BDL expressed that the MoUs signed with the new partners would open new avenues for greater cooperation between the companies / academia.