September 08, 2024
The Manager
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort, Mumbai-400001
Dear Sir/Madam,
Scrip No. 535136
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements)
Regulations, 2015 – Memorandum of Understanding (MOU) with various entities for its aim to
build and operate a private Earth Observation Constellation & corresponding ground segment
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“Listing Regulation”), we are pleased to inform that “Nibe Space Private Limited” a Subsidiary of Nibe
Limited has signed Memorandum of Understanding with leading infra & Defence Companies and Start-
ups of India to collaborate as a consortium for supply of equipment, services, skills, systems and support
services etc. for its aim to build and operate a Private Earth Observation Constellation & corresponding
ground segment to provide constellation on lease basis, offer images and analytics as a service.
The details are required under Regulation 30 of the Listing Regulations read with SEBI/HO/CFD/CFD-
PoD-1/P/CIR/2023/123 dated July 13, 2023 is attached herewith as “Annexure A”.
Please acknowledge and take the same on your records.
Thanking you,
Yours faithfully,
For Nibe Limited
KOMAL
Digitally signed by KOMAL PRASHANT BHAGAT
DN: c=IN, st=Maharashtra,
2.5.4.20=73c135b39078a3b9467d26fe2bbdb381dca9e
be2aac2c1a5f23b0d177e8dd313, postalCode=401107,
PRASHANT
street=Near New Petrol Pump Mira-Bhayander Mira
Road East,
pseudonym=c9e21008cdf24e57b8dad2727a817cc6,
serialNumber=65cbef5259c14c5f9b26d80a80b609e64c
BHAGAT
7c919914228a1f71593c690fcf934a, o=Personal,
cn=KOMAL PRASHANT BHAGAT
Date: 2024.09.08 13:31:49 +05'30'
Komal Bhagat
Company Secretary & Compliance Officer
Membership No.: A49751
Email id: [email protected].
Office Address: Plot No. A-3/B, Chakan Industrial Area, Phase II, MIDC Khalumbre, Taluka Khed, Pune - 410501 (Maharashtra) INDIA
| Website: www.nibelimited.com | Phone No: +91 02135 - 637999 | CIN No: L34100PN2005PLC205813
Annexure A
Sr. Particulars Details
No.
1 Name(s) of the parties with whom the Larsen & Toubro Limited
Memorandum of Understanding is entered Centum Electronics Limited
Space Fields Private Limited
SISIR Radar Private Limited
CYRAN AI Solutions Private Limited
AgniKul Cosmos Private Limited
DV2JS Innovation LLP
Thales Alenia Space, France
Thales India Private Limited
2 Purpose of entering into agreement To collaborate as a consortium for supply of
equipment, services, skills, systems and
support services etc. for its aim to build and
operate a Private Earth Observation
Constellation & corresponding ground
segment to provide constellation on lease
basis, offer images and analytics as a service
3 Shareholding, if any, in the entity with whom Nil
the agreement is executed.
4 Significant Terms of the Agreement Understanding to collaborate for
providing respective equipment, services,
skills, systems and support services, as the
case may be, to build and operate a private
Earth Observation Constellation &
corresponding ground segment.
These MOUs are valid for a period of 12 to
24 months as stated in the respective
agreements
Sign and execute comprehensive, long
term definitive agreement within the time
period after due negotiations and
discussion with each of the party as stated
above
5 Whether, the said parties are related to No
promoter/ promoter group/ group companies
in any manner, if yes, nature of relationship
6 Whether the transaction would fall with related No
party transactions? If yes, whether the same is
done at “arm’s length”
7 Any other disclosure related to such agreement No
viz. details of nominee on the board of directors
of the listed entity, potential conflict of interest
arising out of such agreement, etc.
7 In case of termination or amendment of NA
agreement, listed entity shall disclose additional
details to the stock exchange(s).
A) name of parties to the agreement
B) Nature of agreement
C) Date of execution of agreement
Office Address: Plot No. A-3/B, Chakan Industrial Area, Phase II, MIDC Khalumbre, Taluka Khed, Pune - 410501 (Maharashtra) INDIA
| Website: www.nibelimited.com | Phone No: +91 02135 - 637999 | CIN No: L34100PN2005PLC205813
D) Details of amendment and impact thereof or
reasons of termination and impact thereof.
8 Whether the promoter/promoter group/ group No
companies have any interest in the entity that
awarded the order(s)/contract(s)? If yes, nature
of interest and details thereof
Office Address: Plot No. A-3/B, Chakan Industrial Area, Phase II, MIDC Khalumbre, Taluka Khed, Pune - 410501 (Maharashtra) INDIA
| Website: www.nibelimited.com | Phone No: +91 02135 - 637999 | CIN No: L34100PN2005PLC205813
