India, July 25 -- Bharat Dynamics Ltd (BDL) has received a significant domestic order worth Rs 809 crore (gross) from Armoured Vehicles Nigam Limited (AVNL) for the supply of one of its Anti-Tank Guided Missiles (ATGM), according to a regulatory filing made under SEBI (LODR) Regulations, 2015.
The order is set to be executed over a period of three years. While the specific terms and conditions remain confidential due to national security concerns, BDL confirmed that the contract is of a domestic nature and does not involve any related party transactions. Additionally, there is no interest in AVNL from BDL's promoter or promoter group entities.
This order further strengthens BDL's position as a key player in India's defense manufacturing e...