Bharat Forge Secures Rs. 1662 Crore Contract with Indian MoD
Filing Summary
Bharat Forge Limited has signed a contract with the Ministry of Defence, Government of India, for the supply of indigenously designed and developed CQB Carbines. The contract, valued at approximately Rs. 1662 Crores, involves the delivery of 255,128 units to the Indian Army. The agreement was finalized on December 30, 2025, with a stipulated execution period of five years. The contract is domestic in nature and does not involve any related party transactions. Bharat Forge has no promoter interest in the Ministry of Defence.
Bharat Forge Limited has entered into a contract with the Ministry of Defence, Government of India, for the supply of indigenously designed and developed CQB Carbines. The contract was signed on December 30, 2025, and is valued at approximately Rs. 1662 Crores. The agreement involves the supply of 255,128 CQB Carbines (5.56 x 45 mm) to the Indian Army.
The contract specifies a delivery timeline of five years from the date of signing. The nature of the contract is domestic, with the Ministry of Defence as the counter-party. The terms and conditions of the contract are confidential due to the involvement of the Ministry of Defence.
The contract does not fall under related party transactions, and there is no promoter or promoter group interest in the Ministry of Defence. The agreement is conducted at arm’s length, ensuring compliance with regulatory requirements.
The Ministry of Defence, Government of India, is responsible for the defense and security of the country. It oversees the armed forces and is involved in procurement and development of defense equipment to enhance national security.
Bharat Forge Limited is a leading engineering and manufacturing company specializing in automotive, power, oil and gas, construction and mining, rail, marine, and aerospace industries. The company focuses on innovation and technology to deliver high-quality products and solutions. Bharat Forge is committed to expanding its capabilities in defense manufacturing and strengthening its position in the global market.