Bharat Dynamics gives a single tender for 300 missile sights to a firm set up by its ex-CMD

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The news

New Delhi/Hyderabad, 14 October. An Indian Express investigation reports that in May 2026 Bharat Dynamics Ltd (BDL), the Hyderabad defence PSU, issued a “single tender” — one invited vendor — citing “urgency” to Aindri Defence Advisory Pvt Ltd for 300 optical sights for anti-tank guided missiles. Aindri has cleared technical evaluation and quoted ₹56.8 crore; financial evaluation is under way (GeM data). Aindri was incorporated in May 2024 by Siddharth Mishra, BDL’s CMD from March 2019 to March 2023, and his wife Shambhavi, 50:50; Mishra exited in January 2025 on becoming Member (Technical), NCLT Kolkata, and Shambhavi now holds 95 per cent. FY25 filings show revenue of ₹44.43 lakh, no plant; its Hyderabad office was found locked. The tender says urgency was placed on record but gives no reasons. Mishra, Shambhavi, Aindri and BDL did not respond.

Prelims nuggets

Bharat Dynamics Ltd, incorporated in 1970 at Hyderabad, is a Defence PSU under the Ministry of Defence making guided missiles, including the Konkurs-M ATGM under Russian licence.
GFR 2017 allows a Single Tender Enquiry only when one manufacturer can supply, in an emergency with recorded reasons and competent-authority approval, or for standardised spares (Startup India FAQ).