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Munitions India Limited (MIL) is an Indian state-owned defence company, headquartered in Pune, India, established in 2021 as part of the restructuring and corporatisation of the Ordnance Factory Board into seven different Public Sector Undertakings.
Munitions India Limited was newly formed entity to take over the business of ammunition and explosives from the erstwhile OFB. The Company did not meet the definition Of 'Business' at the time or re-organisatton per Ind AS 103.
Directorate of Ordnance (Coordination and Services), DOO (C&S) In pursuance of the decision of the Union Cabinet to corporatise the functions of 41 production units (Ordnance Factories) of the erstwhile Ordnance Factory Board ("OFB"), functioning under the Department of Defence Production, Ministry of Defence (“DDP”), the Directorate of ...
Jun 15, 2024 · Munitions India Limited is an unlisted public company incorporated on 17 August, 2021. It is classified as a Government of India company and is located in Pune, Maharashtra. It's authorized share capital is INR 42,000.00 cr and the total paid-up capital is INR 34,899.91 cr.
Publicly available records now indicate that Munitions India Ltd (MIL) – a public sector enterprise under the Ministry of Defence – has also been permitted to ship its products to Israel as...
Feb 8, 2024 · Defence Public Sector Enterprise Munitions India Limited (MIL) has clinched a $225 million deal with Nadrah Company for the supply of artillery ammunition to Saudi Arabia. The agreement, inked during the World Defence Show (WDS) 2024 in Riyadh, marks one of India's major defence export orders.
Oct 6, 2022 · Munitions India Limited (MIL), which is the largest among the seven DPSUs, took over the operations of the 12 factories involved in development, production, testing and marketing of ammunition and explosives for the armed forces and civilian entities.
