Nibe Ordnance and Maritime Ltd

Results approval

• Board approved unaudited standalone and consolidated results for quarter ended June 30, 2026.

Auditors appointed

• Internal auditor appointed: M/s Kirtane & Pandit LLP for FY 2026-27.
• Secretarial auditor appointed: M/s D. Maurya & Associates for FY 2026-27.

Fundraising deferred

• Fund raising via preferential issue deferred; to be reconsidered later in light of market volatility.

Corporate name

• Company name: Global Defence Industries Limited (formerly Nibe Ordnance and Maritime Limited).

Meeting Details

• Board meeting on August 13, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
• Fundraising proposal via equity or convertible securities, including rights issue, QIP or preferential issue, subject to approvals.
• Member approval required at General Meeting or Postal Ballot; details to be communicated separately.

Other Notes

• Trading window closed from July 1, 2026, until 48 hours after the unaudited June 30, 2026 results.

Demat processing and listing status

• Dematerialisation requests for quarter ended 30 June 2026 were confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges where the existing securities are listed.
• Physical certificates were mutilated and cancelled after verification; depository name substituted as registered owner within timelines.

Defence complex inauguration

• NIBE Group inaugurated its Shirdi defence manufacturing complex.
• The facility targets artillery, missiles, ammunition, rockets, energetic materials, autonomous platforms, and space technologies.

Operational capacity

• The complex includes a 155mm ammunition shell plant with 500,000 annual capacity.
• It also includes indigenous TNT and RDX plants, plus bio-CNG and hydrogen fuel facilities.

Product and trial updates

• The company flagged off Suryastra, a 300 km universal rocket launching system.
• It reported successful trials of the 100 km loitering munition Skystriker.

Business impact

• The Shirdi complex is expected to create more than 3,000 direct jobs.
• Management said the project supports indigenous defence manufacturing and reduces import dependency.