Global Defence Industries Share Price Today

Global Defence Industries Q2FY27 Results: Net loss widens to ₹276.82 lakh

Consolidated net loss widened to ₹276.82 lakh in Q2FY27 from ₹224.83 lakh in Q2FY26. Revenue from operations recorded at ₹1,572.25 lakh, up from nil in the previous year. Cash and cash equivalents dropped sharply to ₹290.94 lakh from ₹2,150.65 lakh since March 2026. Board appointed Sushanta Kumar Rout and Sanjeev Gupta as independent directors. Auditor flagged going concern uncertainty for subsidiary Nibe Maritime due to negative net worth.

Global Defence Industries passes all AGM resolutions including Ravi Kant appointment

All 14 resolutions passed with requisite majority at the 41st AGM. Ravi Kant appointed as Whole-time Director via special resolution. Borrowing powers under Section 180(1)(c) and Section 186 approved. Related party transactions with Nibe group entities approved by public shareholders.

Global Defence Industries gets govt nod for 1,500-acre lease in Maharashtra

Global Defence Industries Limited secured approval for a 1,500-acre land lease in District Ahilyanagar, Maharashtra. The lease tenure is 49 years with an option for renewal for another 49 years. Base lease rent is set at ₹50,000 per acre per annum with a 3% annual escalation. GDIL holds a First Right of Refusal for approximately 900 acres within the leased parcel.

Global Defence Industries schedules 41st AGM for September 29, 2026

Global Defence Industries has scheduled its 41st AGM for September 29, 2026, at 11:00 am via VC/OAVM. Cut-off date for voting eligibility is September 22, 2026; remote e-voting runs from September 26 to September 28, 2026. Agenda includes adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026. Shareholders will vote on the appointment of Ravi Kant (DIN: 09283919) as Whole-time Director for 3 years from February 12, 2026 to February 11, 2029. Re-appointment of Ganesh Ramesh Nibe (DIN: 02932622) as director retiring by rotation is also on the agenda.

Global Defence reports FY26 loss of ₹571 crore as revenue surges

Global Defence Industries Limited reported a consolidated net loss of ₹571.10 crore for FY26, a reversal from the net profit of ₹114.40 crore in the previous year, as revenue from operations surged to ₹4,279.39 crore. The auditors issued an unmodified opinion but highlighted material uncertainty regarding subsidiary Nibe Maritime Private Limited's negative net worth. The board approved the financial results on May 27, 2026.

Nibe Group inaugurates Advance Shirdi Defence Manufacturing Complex

Nibe Group inaugurated its state-of-the-art Advance Shirdi Defence Manufacturing Complex, aligning with the Atmanirbhar Bharat initiative to boost indigenous defence capabilities. The complex features a 155mm ammunition plant with an annual capacity of 5 lakh shells, alongside indigenous TNT and RDX plants. Key highlights included the flag-off of the Suryastra 300 KM Universal Rocket Launching System and successful trials of the Skystriker loitering munition.