NIBE2026-04-10NIBE2026-04-102026-04-10iso4217:INRxbrli:pureNIBENibe LimitedUpdate2026-04-092026-03-302026-04-102026-04-10Nibe Defence and Aerospace Limited (“NDAL”) (“Seller”), a subsidiary of the Company has today i.e. March 30, 2026, entered into a Share Purchase Agreement (“SPA”) with Mr. Nibe Ganesh Ramesh (“Purchaser”) for sale of equity shares of Nibe Aeronautics Limited (“NAL”) held by NDAL. The completion (closing) of the aforesaid transaction is subject to fulfilment of certain conditions precedent as stipulated in the Share Purchase Agreement. Upon completion of thetransaction, Nibe Aeronautics Limited (NAL) shall cease to be a subsidiary of Nibe Defence and Aerospace Limited (NDAL) and a step-down subsidiary of the Nibe Limited.Transaction CompletedYES152000002026-04-091Consequent to the above, the transaction stands completed and NAL has ceased to be a subsidiary of NDAL and, accordingly, also ceases to be a step-down subsidiary of the Company.