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NIBE LIMITED — Capital/Financing Update 2025
Jul 28, 2025
60404_rns_2025-07-28_99494197-f545-4235-90d3-6c0aed1115cd.pdf
Capital/Financing Update
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July 28, 2025
To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001.
To,
National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 051.
Scrip Code: 535136
Symbol: NIBE
Dear Sir/Madam,
Subject: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 – Press Release
In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release dated July 28, 2025 titled “NIBE Limited Enters into Technology Collaboration Agreement with Elbit Systems”.
Please acknowledge and take the same on your records.
Thanking you,
Yours faithfully, For Nibe Limited
KOMAL PRASHANT BHAGAT Digitally signed by KOMAL PRASHANT BHAGAT DN: c=IN, st=Maharashtra, 2.5.4.20=73c135b39078a3b9467d26fe2bbdb381dca9ebe2aac2c1a5f23b0d177e8dd313, postalCode=401107, street=Near New Petrol Pump Mira-Bhayander Mira Road East, pseudonym=c9e21008cdf24e57b8dad2727a817cc6, serialNumber=65cbef5259c14c5f9b26d80a80b609e64c7c919914228a1f71593c690fcf934a, o=Personal, cn=KOMAL PRASHANT BHAGAT Date: 2025.07.28 09:45:00 +05'30'
Komal Bhagat (Company Secretary & Compliance Officer) Membership No.: A49751
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Office Address : Plot No E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi CT, Khed, Chakan, Pune, Maharashtra, India, 410501| Website: www.nibelimited.com | Phone No: +91 02135 - 691799 | CIN No: L34100PN2005PLC205813
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NIBE Limited Enters into Technology Collaboration Agreement with Elbit Systems
28th July 2025 | India: NIBE Limited (“The Company”), a pioneering Indian manufacturer of cuttingedge defense systems, is thrilled to announce a strategic technology collaboration agreement with a globally renowned technology company from Israel. This partnership will enable the manufacturing and supply of the Universal Rocket Launcher (SURYA), a highly advanced defense system capable of engaging targets with precision over a range of up to 300 km.
This groundbreaking technology transfer marks the first time that such a sophisticated system will be produced in India, paving the way for both domestic and international markets. The Universal Rocket Launcher is set to revolutionize modern warfare with its remarkable capabilities and performance, positioning NIBE Limited as a key player in the global defense sector.
A Landmark Achievement for India's Defense Manufacturing Sector
The collaboration represents a significant milestone in India's defense manufacturing journey and aligns with the vision of Atmanirbhar Bharat and Make in India, of our Honorable Prime Minister. NIBE Limited is proud to contribute to the growth of self-reliant defense capabilities within India, while simultaneously enhancing the nation’s global defense footprint.
The Universal Rocket Launcher is one of the most advanced systems in its class, designed to surpass the capabilities of current global alternatives. This collaboration opens up new frontiers for NIBE Limited, both in terms of international expansion and technological innovation, reinforcing the company’s commitment to developing indigenous solutions for the Indian Armed Forces and allied global partners.
Key Advantages of the Universal Rocket Launcher (SURYA)
Universal Capability : The SURYA is engineered to launch various types of accurate and free-flight rockets, supporting a wide range of rockets and missile manufacturers. Its modular Launch Pod Container (LPC) system ensures compatibility with different missile types and Original Equipment Manufacturers (OEMs).
Autonomous Operation : The SURYA is fully autonomous, capable of independently handling firing missions. Featuring an onboard navigation system and a Launcher Mission Computer (LMC), the system is capable of being combat-ready in under a minute, enabling it to engage targets accurately and effectively, even at extended ranges typically handled only by air forces.
Automatic Targeting and Firing : The launcher’s automatic system ensures maximum responsiveness by autonomously setting the appropriate azimuth and altitude based on firing mission data. The SURYA can perform all necessary calculations, making it ideal for rapid and precise mission execution.
Enhanced Mission Readiness : The system’s dual LPCs allow the SURYA to carry a significant number of mission-ready rockets or missiles, reducing reload cycles and logistical burdens for artillery units, thereby improving operational efficiency.
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Office Address : Plot No E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi CT, Khed, Chakan, Pune, Maharashtra, India, 410501| Website: www.nibelimited.com | Phone No: +91 02135 - 691799 | CIN No: L34100PN2005PLC205813
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Strengthening India's Strategic Defense Position
This collaboration with an international defense leader highlights NIBE Limited’s commitment to enhancing India’s defense readiness and self-reliance, while also contributing to global defense innovation. By developing high-impact, indigenous solutions, NIBE Limited continues to support both the Indian Armed Forces and global defense clients, fulfilling national priorities and advancing cuttingedge military technology.
About NIBE Limited
NIBE Limited is a leading Indian defense technology company, specializing in the development, manufacturing, and integration of advanced defense systems. With a focus on innovation, selfreliance, and global collaboration, NIBE is playing a crucial role in bolstering India’s defense capabilities and expanding its export potential in the global market. As a cornerstone of India’s defense sector, NIBE is committed to delivering world-class solutions that address the evolving challenges of modern warfare.
About Elbit Systems Land Limited
Elbit Systems Land Limited, a division of Elbit Systems Ltd., is a global leader in the design, development, and integration of advanced land-based defense solutions. The company specializes in a wide range of platforms and technologies, including armored vehicles, artillery systems, unmanned ground vehicles, and combat vehicle modernization. Known for its innovation, reliability, and battlefield-proven systems, Elbit Land Systems supports militaries worldwide with solutions that enhance operational capabilities, survivability, and mission success in modern combat environments.
For More Information, please contact:
Balakrishnan Swamy | [email protected] | +91 7382187221
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Office Address : Plot No E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi CT, Khed, Chakan, Pune, Maharashtra, India, 410501| Website: www.nibelimited.com | Phone No: +91 02135 - 691799 | CIN No: L34100PN2005PLC205813