Indobell Insulations Secures Domestic Order Worth Rs 31.504 mn

23 Jul 2026 CW Team

Indobell Insulations Limited has notified BSE that it has secured a domestic order for nodulated wool from Sundaram Brake Linings Limited. The disclosure filed on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements gives the scrip code as 544334 and the scrip symbol as INDOBEL. The company lodged the filing at Phiroze Jeejeebhoy Towers in Mumbai.

The order carries a broad consideration of Rs 31.504 mn and relates solely to the supply of nodulated wool. The filing specifies that the order has been awarded by a domestic entity and that payment will be by direct credit within 45 days. The contract is to be executed on or before March 2028 according to the terms disclosed.

The disclosure references compliance with SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13 July 2023 and notes that Annexure-A accompanies the submission. The company secretary and compliance officer signed the filing and submitted the annexed particulars. The document states that the promoters and promoter group have no interest in the entity that awarded the order.

The submission indicates that the order does not constitute a related party transaction and that it will be executed at arm’s length where relevant. Indobell has requested that the exchange take the information on record and has recorded the payment terms and execution timeline for regulatory transparency. Market impact or revenue recognition timing was not addressed in the filing.

The filing indicated that the order will be integrated into the company’s production planning and that scheduled deliveries will follow the contract timeline. It clarified that standard quality control and inspection protocols will govern the supply and that logistics will be managed under existing arrangements. The company also recorded that financial accounting treatment will follow applicable accounting standards and its internal policy.

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