NSEBagging/Receiving of orders/contracts1d ago · 18 Aug 2026, 06:11 pm

Bagging/Receiving of orders/contracts

NIBE Limited · NIBE

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NIBE Limited's subsidiary, Nibe Space Private Limited, has received a letter of award from Maharashtra State Electricity Distribution Co. Ltd for a GIS survey, mapping, and data preparation project worth Rs. 12,14,85,476.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

NIBE Limited has informed the Exchange that Nibe Space Private Limited (Subsidiary Company) has received Letter of Award.

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9028072464_18082026181107_UploadNibeSpace.pdf

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August 18, 2026 To, To, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 535136 Symbol: NIBE Dear Sir/Madam, Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 – Update on Subsidiary. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulation”), this is to inform that the Nibe Space Private Limited, a subsidiary of Nibe Limited has received letter of award amounting to Rs. 12,14,85,476/- (Rupees Twelve Crore Fourteen Lakhs Eighty Five Thousand Four Hundred and Seventy Six Only) (Exclusive of GST) from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL), a Government of Maharashtra undertaking for the execution of the project titled “GIS Survey, Mapping & Data Preparation of MSEDCL’s Distribution Network as per details mentioned in Annexure A. The details, as required under Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure A. Please acknowledge and take the same on your records. Thanking you, Yours faithfully, For Nibe Limited Komal Bhagat Company Secretary & Compliance Officer Membership No.: A49751 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 Annexure A Sr. Particulars Details 1 Name of the entity awarding the Maharashtra State Electricity Distribution Co. order(s) / contract(s) Ltd (MSEDCL), a Government of Maharashtra undertaking 2 Significant terms and conditions GIS-based survey, mapping and digital data of order(s)/contract(s) awarded preparation of Maharashtra State Electricity in brief Distribution Co. Ltd.’s (MSEDCL’s) electrical distribution network. It covers comprehensive digitization of the network from 33 KV substations to end consumer service points, including both overhead and underground infrastructure for the electrical network under Pune and Kokan region. 3 Whether order(s) / contract(s) Domestic Entity have been awarded by domestic / international entity 4 Nature of order(s) / contract(s) GIS-based survey, mapping and digital data preparation of Maharashtra State Electricity Distribution Co. Ltd.’s (MSEDCL’s) electrical distribution network. It covers comprehensive digitization of the network from 33 KV substations to end consumer service points, including both overhead and underground infrastructure for the electrical network under Pune and Kokan region. 5 Whether domestic or international Domestic 6 Time period by which The order will be executed and delivered in the order(s)/contract(s) is to be tranches within 42 Months. executed 7 Broad consideration or size Rs. 12,14,85,476/- (Rupees Twelve Crore of the order(s) contract(s) Fourteen Lakhs Eighty-Five Thousand Four Hundred and Seventy-Six Only) (Exclusive of GST) 8 Whether the promoter/promoter No group/ group companies have any interest in the entity that awarded the order(s)/contract(s)? If yes, nature of interest and details thereof 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 9 Whether the order(s)/contract(s) No. would fall within related party transactions? If yes, whether the Not applicable same is done at “arm’s length”. 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