Shiva Texyarn Receives ₹36.19 Cr Contract from Indian Airforce for NBC Suits

Team Finance Saathi

    03/Jan/2025

What's covered under the Article:

  1. Shiva Texyarn Limited has received a ₹36.19 crore contract from the Ministry of Defence for supplying NBC suits.
  2. The order includes the supply of 16,000 pairs of NBC Suit Permeable MK V by August 2025.
  3. This is a domestic contract, with no related party involvement.

On January 3, 2025, Shiva Texyarn Limited announced the receipt of an important order from the Government of India, specifically from the Ministry of Defence, Department of Military Affairs, through the Indian Airforce. The order pertains to the supply of NBC Suit Permeable MK V with a quantity of 16,000 pairs. The total value of the contract is ₹36.19 Crore, inclusive of all duties and taxes.

This is a significant development for Shiva Texyarn, as the company is tasked with delivering these suits by the deadline of August 31, 2025. The domestic nature of the order underlines the growing demand for defence-related supplies within India, especially in the context of NBC (Nuclear, Biological, Chemical) protection gear, which is critical for defence personnel.

The key terms of the order include the delivery of 16,000 pairs of suits between January 3, 2025, and August 31, 2025. These suits are intended for military personnel and play a crucial role in protecting them from nuclear, biological, and chemical threats. The supply of these suits represents a substantial contribution to the defence and security sector.

The contract is awarded on a domestic basis, and there are no related party transactions or interests involved in this deal. Shiva Texyarn is working at arm’s length with the awarding authorities, ensuring compliance with all applicable regulations.

This contract adds to Shiva Texyarn’s portfolio of providing high-quality products for the Indian defence sector, which further strengthens its position in the textile and defence manufacturing space.

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