Apollo Micro Systems will acquire a 41.33% stake in Premier Explosives Limited from AKS Family Trust. This triggers an open offer for 26% at ₹698 per share. The deal aims to build an indigenous defense ecosystem.
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Aerpace Industries will raise ₹48.82 crore by issuing warrants to the promoter group. The company also secured a ₹70 crore credit facility from PNB. New independent director and strategic advisors were appointed.
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Bharat Dynamics Ltd has a new Chairman and Managing Director, Shri Shailesh Vagerwal. The appointment, effective July 9, 2026, comes from a Ministry of Defence order.
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Anirit Ventures is shifting from textiles to agritech and bio-energy, acquiring Anirit Agritech and completing a rights issue. The company reported a net loss of ₹4.76 crore on minimal revenue.
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Data Patterns reported a strong fiscal year for FY26 with profit growing 22.34% to ₹271.37 crore. The company also announced a final dividend of ₹10 per share and maintained an all-time high order book of ₹926 crore.
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Data Patterns reported a strong FY26 with revenue up 26.2% to Rs 953 crore and EBITDA up 34.9% to Rs 371 crore. The company's order book reached a record Rs 926 crore, with new inflows of Rs 1,121 crore.
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Data Patterns reported a 31% year-on-year revenue growth to ₹953 crore for FY26. Profit after tax rose 22% to ₹271 crore. The company also announced a final dividend of ₹10 per share and has a healthy order book.
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Zen Technologies' deep-tech arm, Vector Technics, has expanded its manufacturing capacity to 300,000 propulsion units annually. This move focuses on indigenous design and manufacturing to reduce import reliance for defense and drone sect...
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Adani Enterprises is investing ₹2,500 crore to build South Asia's largest private missile ecosystem in Shivpuri, Madhya Pradesh. This aims for self-reliance in defense manufacturing by producing raw materials and integrating missile syst...
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RRP Defense Limited secured a significant ₹64.31 crore order from Bharat Electronics Limited (BEL) for 16,035 units of VARDHANA X6 Day Scope. The order includes exclusive technology transfer from Meprolight, Israel, marking a 100% indige...
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Paras Defence has secured exclusive rights to manufacture and sell the Guardian-1 Interceptor, a counter-drone system, in India through a 12-month IP license agreement with Tandem Defense LLC. This expands their defense portfolio into th...
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Unimech Aerospace and Manufacturing Ltd has signed a long-term supply agreement with FACC Operations GmbH of Austria, a Tier-1 aerospace supplier. This deal is set to boost Unimech's precision components business by increasing its partic...
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Bharatrohan Airborne Innovations has developed a functional prototype of an indigenous snapshot hyperspectral imaging camera for UAVs. This move diversifies their business model into hardware manufacturing, aiming to improve margins and...
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Sigma Advanced Systems' shareholders overwhelmingly approved a preferential share issuance at an EGM. This capital raise supports the company's strategic entry into the Aerospace and Defence sector and its acquisition-led growth plans.
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Sigma Advanced Systems held an EGM on June 28, 2026, to approve preferential share issues for cash and non-cash consideration. This signals a strong push into the Aerospace and Defence sector, likely involving acquisitions.
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Candour Techtex plans an EGM on July 22, 2026, to seek shareholder approval for entering the defense and aerospace sectors. The company also seeks to reallocate funds from an undersubscribed preferential issue due to challenges in its te...
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Sigma Advanced Systems reported a strong FY2026 with net profit at ₹268 crore and Q4 FY26 net profit at ₹128 crore. The company is shifting work to India to boost margins.
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Bharat Forge enters the marine gas turbine business with a ₹425 crore contract to supply 1.25 MW generators for Kolkata class ships over five years. This strategic move diversifies its defense portfolio and emphasizes indigenous manufact...
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Goodluck India's subsidiary has secured a ₹255 crore domestic order for 155mm long-range empty shells. The order is to be executed within 10 months.
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Bharat Forge's subsidiary KSSL has partnered with AM General to develop mobile artillery gun platforms for global and US Army requirements. The collaboration targets export markets and a US Army program with potential delivery in 2027.
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