E-Vehicles and Software Development.Business Overview Company is engaged in the business of Fabrication and Machining of components used in Defence Sector as well as assembly of components of E Vehicles. It also offers strategic products and related research advancements in the E-Vehicles division and the BVM R&D Foundation.
Nibe's subsidiary, NDAL, has finalized the sale of 15,20,000 shares of Nibe Aeronautics Limited to Mr. Ganesh Nibe. NAL is no longer a Nibe group subsidiary, streamlining the company's structure.
Nibe's subsidiary is divesting Nibe Aeronautics shares to a Promoter for ₹1.52 Cr. NAL will cease to be a subsidiary. NAL had negligible turnover last year, with a net worth of ₹1.91 Cr. This arm's length transaction simplifies Nibe's structure.
Nibe Limited resubmitted its Q3 FY26 standalone and consolidated financial results to include the auditor's identification number. The company clarified that all previously reported financial figures and disclosures remain unchanged, ensuring compliance.
Nibe Limited has announced its Annual General Meeting via VC/OAVM. Shareholders will vote on the dividend for FY 2024-25. Eligibility for voting and dividend will be determined by a set cut-off.
Nibe Limited has reported its financial results for the quarter. Consolidated revenue was Rs. 82.50 Cr with a net profit of Rs. 1.04 Cr. Standalone revenue stood at Rs. 81.19 Cr, yielding a net profit of Rs. 3.89 Cr. The board announced a leadership change, with Mr. Ranjan Choudhary resigning...
