Indobell Insulations Limited has secured a domestic order from Sundaram Brake Linings Limited for nodulated wool worth Rs 21,940,477.50, equivalent to 21.9404775 million (mn) rupees and noted as Rs 21.94 mn in summary filings. The disclosure was submitted to the stock exchange under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 as part of routine corporate announcements. The filing identified the buyer, the nature of goods and the aggregate consideration.

The contract is to be executed by March 2028 and was recorded as a domestic award in the annexure to the filing. Payment is to be made by direct credit within 45 days and the company set out the basic commercial term in the submission. Indobell indicated that neither the promoters nor group companies have any interest in the entity that awarded the order and that the transaction is not a related party transaction.

The company secretary and compliance officer certified the disclosure and submitted the annexure in line with the stock exchange guidance and the SEBI circular dated 13 July 2023. The announcement formalises the order book addition and details the timeline and payment mechanism without further commercial elaboration. Sundaram Brake Linings Limited is identified as the contracting party in the filing.

The order adds visibility to the company's near term production and revenue mix for the period to March 2028 while remaining a discrete commercial engagement recorded in regulatory filings. Indobell will execute the supply of nodulated wool as stipulated and follow the prescribed payment and delivery schedule in the contract. The firm asked the exchange to take the disclosure on record and appended the relevant annexure to the filing for reference.