Bharat Dynamics Limited (BDL) has received an order from M/s Armoured Vehicles Nigam Limited (AVNL) for the supply of one of the ATGMs (Anti-Tank Guided Missiles) valued at ₹809 crore (gross). The order is to be executed within a span of 3 years
| Particulars | Details |
|---|---|
| Name of Entity Awarding the Order | Armoured Vehicles Nigam Limited |
| Description | Confidential in view of National Security |
| Nature of Order | Receipt of order |
| Order Type | Domestic |
| Execution Time Period | 3 years |
| Order Value | ₹809 crore (gross) |
| Related Party Transaction | No |
Order Details
The order received by Bharat Dynamics Limited is for the supply of one of the Anti-Tank Guided Missiles (ATGM) from Armoured Vehicles Nigam Limited (AVNL). The total value of the order is ₹809 crore (gross), and it is a domestic order.
Execution Timeline
The order is to be executed within a span of 3 years. This timeline provides a structured framework for BDL to plan and execute the supply of the ATGMs efficiently.
Additional Information
Bharat Dynamics Limited has confirmed that the promoter/promoter group/group companies do not have any interest in the entity that awarded the order. Additionally, the order does not fall within related party transactions.
Market Impact
The receipt of this significant order is expected to positively impact Bharat Dynamics Limited, reinforcing its position as a key player in the defense sector. The successful execution of this order will further enhance the company's revenue stream and contribute to its growth trajectory.
