Bharat Dynamics Secures Rs 2462 Crore Order from Indian Army
Filing Summary
Bharat Dynamics Ltd has received an order valued at Rs 2462 Crore from the Indian Army. The order includes the supply of Anti-Tank Guided Missiles (ATGMs) and Surface-to-Air Missiles (SAMs) under emergency procurement. The ATGMs are to be delivered over 42 months, while the SAMs are scheduled for delivery within 12 months. The order is domestic, and no related party transactions are involved. Bharat Dynamics is a government enterprise under the Ministry of Defence, focusing on manufacturing defense equipment.
Bharat Dynamics Ltd has announced the receipt of an order worth Rs 2462 Crore from the Indian Army. This order involves the supply of Anti-Tank Guided Missiles (ATGMs) and Surface-to-Air Missiles (SAMs) under emergency procurement.
The order is classified as domestic, with the ATGMs scheduled for execution over a period of 42 months and the SAMs within 12 months. The significant terms and conditions of the order remain confidential due to national security considerations. There is no involvement of related party transactions in this order.
The order was awarded by a domestic entity, the Indian Army, and does not involve any interest from the promoter or promoter group of Bharat Dynamics.
Bharat Dynamics Ltd is a government enterprise under the Ministry of Defence. The company specializes in the manufacturing of defense equipment, including missiles and allied defense products. It plays a crucial role in India’s defense sector, focusing on enhancing its capabilities in missile production and related technologies.