ordnance factory board

6 of 7 defence companies carved out of OFB report provisional profits in initial 6 months of operation

Six out of the seven defence companies have reported provisional profits during the initial six months of their operations, according to the defence ministry.

published on : 29th April 2022

CPI MP Binoy Viswam writes to Rajnath Singh, slams government decision to corporatise OFB

The government dissolved the OFB with effect from October 1 and transferred its assets, employees and management to seven DPSUs.

published on : 19th October 2021

Ordnance Factory Board dissolved, to be restructured into 7 DPSUs from October 1

Ordnance Factory Board dissolved, to be restructured into 7 DPSUs from October 1

published on : 29th September 2021

OFB to be dissolved on October 1, employees, assets to go to seven new DPSUs

In a major reform initiative, the Cabinet on June 16 had approved a long-pending proposal to restructure the over 200-year-old Ordnance Factory Board.

published on : 28th September 2021

Defence Ministry dissolves Ordnance Factory Board, transfers employees and assets to seven PSUs

The central government had announced on May 16 last year that it would improve autonomy, accountability and efficiency in ordnance supplies by corporatisation of the OFB.

published on : 28th September 2021