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Bharat Electronics Ltd. Capital/Financing Update 2019
60828_rns_2019-02-21_07ee3abf-0e8f-4da6-a4c4-819c5b1c3607.pdf
Capital/Financing Update
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The Manager Department of Corporate Services BSE Limited 251h Floor, P J Towers, Dalai Street, Mumbai- 400001, Maharashtra.
N0.17565/6/SE/BSEC/SEC Date: 21/02/2019
Sub. : Press Release
Dear Sir/ Madam,
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are enclosing herewith a copy of the press release titled "BEL signs MOU with JSR Dynamics for manufacture and sale of Glide Weapons and Light Weight Cruise missiles"
This is for your information and record.
Thanking you,
V/ni icr ill#
Ritu Lamba Dy. Company Secretary
End: As above.
BHARATELECTRONICS (ÿTNcT TRtpR cf>T vJEFT, Ten WcHJ) Hutya <piciIpio : fÿT Te, HI'MKI, - 560 045, HRrf Bharat Electronics Limited (Govt, of India Enterpise, Ministry of Defence) Registered Office : Outer Ring Road, Nagavara, Bangalore - 560 045, INDIA CIN : L32309KA1954GOI000787 toM»m/Telefax : +91 (80) 25039266 f-WE-mail : [email protected] ÿw/Web : www.bel-india.com
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Press Release
BEL signs MOU with JSR Dynamics for manufacture and sale of Glide Weapons and Light Weight Cruise missiles
BENGALURU, February 21, 2019: Navratna Defence PSU Bharat Electronics Ltd (BEL) has on February 20, 2019, signed an MoU with JSR Dynamics Pvt Ltd (JSR), a Nagpur-based start-up Company, at Aero India 2019 in Bengaluru.
The MoU aims at leveraging the individual design and manufacturing capabilities of BEL and JSR to develop weapons and light weight cruise missiles, which have business potential in both the domestic and international markets. Mrs Anandi Ramalingam, Director (Mktg), BEL, and Air Marshal (Retd) S B Deo, Managing Director, JSR Dynamics Pvt Ltd, signed the MoU in the presence of Mr M V Gowtama, CMD, BEL, Directors and other senior officers of BEL.
BEL has, as part of the Government of India's Start-up India Initiative, been extending its support to start-up Companies.
About BEL
BEL, India's leading Defence electronics Company, is engaged in the design, manufacture and supply of state-of-the-art Radars, Missile Systems, Military Communications, Naval Systems, Electronic Warfare & Avionics, C4I Systems, Electro Optics, Tank Electronics & Gun / Weapon System Upgrades, Solar Systems, Electronic Components and civilian products like Electronic Voting Machine and Point of Sale device.
About JSR Dynamics Pvt Ltd
JSR is engaged in the design of ground-based and air-based weapons. Among its many products are Glide Weapons, Light Weight Cruise Missiles and allied sub-assemblies and components. With a wide array of world-class products, JSR stands out as a shining example of a Defence start-up.
QUALITY. TECHNOLOGY. INNOVATION.
Mrs Anandi Ramalingam, Director (Mktg), BEL, and Air Marshal (Retd) S B Deo, Managing Director, JSR Dynamics Pvt Ltd, signing the MoU in the presence of Mr M V Gowtama, CMD, BEL, Director (OU), Director (HR), Director (F) and other senior officers of BEL at Aero India on February 20, 2019.
