Bharat Dynamics Limited (BDL) and the Indian Army have signed a deal worth Rs 471.41 crore for the refurbishment of IGLA-1M missiles, according to BDL NSE -1.92 percent.
In this regard, the apex bank has appointed Nageswar Rao Y (Ex-Executive Director, Bank of Maharashtra) as the Administrator of the company under Section 45-IE (2) of the RBI Act.