NIBE Limited has approved the allotment of 4,40,000 equity shares and 15,62,000 convertible warrants at an issue price of Rs. 1,258 per unit. The equity allotment has immediately raised Rs. 55.35 crore, while the warrant allotment has brought in Rs. 49.12 crore as a 25% upfront payment. Notably, the promoter Ganesh Ramesh Nibe is a major participant, subscribing to over 10 lakh warrants, which signals strong internal confidence. The total potential capital infusion from this preferential issue, including future warrant conversions, is significant for the company's growth trajectory.

NIBE Limited has successfully allotted 4,40,000 equity shares and 15,62,000 convertible warrants on a preferential basis at an issue price of ₹1,258 per unit. The company raised an immediate ₹55.35 crore from the equity allotment and ₹49.12 crore as the 25% upfront payment for the warrants. Key participants include the company promoter, Ganesh Ramesh Nibe, and institutional investors such as Eminence Global Fund and Venus Stellar Fund. This capital infusion significantly strengthens the company's financial position for future growth.

NIBE Limited has increased its ownership in Nibe Meson Naval Limited from 51% to 99.95% by acquiring an additional 48.95% stake. The acquisition involved 48,950 equity shares for a total cash consideration of Rs. 4,89,500. This move is intended to provide NIBE with substantial management control and strategic flexibility over the subsidiary. While the target company is currently loss-making with a net loss of Rs. 12.50 Lakhs in FY25 and nil turnover, it operates in the specialized fluid control equipment sector for naval applications.

NIBE Limited's shareholders have passed resolutions for the issuance of equity shares and convertible warrants on a preferential basis during the Extraordinary General Meeting held on January 22, 2026. Both resolutions received 100% approval from the votes polled, representing approximately 61.45% of the total share capital. The promoter group showed near-total participation with 99.91% of their shares voted in favor, signaling strong internal support for the capital raise.

NIBE Limited held an Extraordinary General Meeting (EGM) on January 22, 2026, to obtain shareholder approval for a significant fundraise. The company proposed two special resolutions: the issuance of convertible warrants and equity shares on a preferential basis. This capital infusion is intended to strengthen the company's capital base and support sustainable long-term growth. While final voting results are pending, the meeting concluded successfully with 36 members participating via video conferencing.

NIBE Limited has detailed its plan to raise capital through a preferential issue of equity shares and warrants, setting a minimum price of ₹1,247.44. The proceeds are earmarked for significant capital expenditure of ₹126.85 crore for new facilities and ₹75 crore for debt repayment. The issue will see participation from the promoter and several foreign institutional investors, including Eminence Global Fund. Post-conversion of all warrants, the total share capital will increase to approximately 1.65 crore shares.

NIBE Limited's subsidiary, Nibe Defence and Aerospace Limited (NDAL), has been granted a license by the Ministry of Home Affairs for the manufacturing and proof-testing of firearms and ammunition. This license allows the company to produce various defense equipment including 9mm pistols, machine guns, rifles, and critical components like barrels and bolts. The company has a 7-year window to construct the factory premises and set up the necessary plant and machinery. This move marks a significant strategic entry into the high-entry-barrier defense manufacturing sector.

NIBE Limited has secured a significant domestic contract worth Rs 292.69 crore from the Indian Army, Ministry of Defence. The contract involves the manufacturing and supply of ground equipment, accessories, and ammunition for a Universal Rocket Launcher System. This system is advanced, capable of handling rockets with strike ranges of 150km and 300km. The project is slated for execution within a 12-month timeframe, which provides strong revenue visibility for the upcoming fiscal year.

NIBE Limited has scheduled an Extraordinary General Meeting on January 22, 2026, to approve a preferential issue of 15.62 lakh convertible warrants. The warrants are priced at Rs 1,258 each, aiming to raise a total of approximately Rs 196.5 crore. A significant portion of the issue (Rs 125.99 crore) is being subscribed to by the promoter, Mr. Nibe Ganesh Ramesh, while the remainder is allocated to Eminence Global Fund. This capital infusion is structured with 25% payable upfront and the balance within 18 months upon conversion.

NIBE Limited has issued a corrigendum to its previous board meeting outcome, correcting the issue price for its preferential allotment from ₹1,248 to ₹1,258 per security. This adjustment increases the total fundraise size to approximately ₹251.85 crore. The issuance consists of 4,40,000 equity shares and 15,62,000 equity warrants. Significantly, the promoter Ganesh Ramesh Nibe is subscribing to over 10 lakh warrants, representing nearly 50% of the total issue value, which indicates strong promoter confidence.

NIBE Limited's board has approved a significant fundraise of approximately ₹249.85 crore through a preferential allotment to both promoters and institutional investors. The issuance consists of 4.40 lakh equity shares and 15.62 lakh convertible warrants, both priced at ₹1,248 per unit. Notably, the promoter Ganesh Ramesh Nibe is subscribing to warrants worth ₹124.99 crore, representing half of the total fundraise. An Extra-Ordinary General Meeting (EGM) is scheduled for January 22, 2026, to obtain shareholder approval for this capital infusion.