Indobell Secures Domestic Order For Ceramic Fibre Nodules

23 Jul 2026 CW Team

Indobell Insulations Limited has informed the stock exchange that it has secured a domestic order for ceramic fibre nodules worth Rs 15.66096 million (mn) from Sundaram Brake Linings Limited. The disclosure was filed with BSE on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements. The product specified in the order is ceramic fibre nodules and the contract is with a domestic entity. The company provided details in an annexure to the filing.

The contract specifies payment by direct credit within 45 days and identifies March 2028 as the time by which the order is to be executed. The awarder is a domestic industrial entity and the agreement does not involve any interest of the promoter, promoter group or group companies. The filing states that the transaction does not amount to a related party transaction and that it is not within the promoter group. These terms set clear commercial and accounting timelines for the parties.

The order will be delivered over the stated execution period and will generate revenue to be recognised in line with applicable accounting standards. Operational responsibility for manufacturing, quality assurance and delivery will remain with Indobell Insulations Limited under the terms disclosed. Logistics and scheduling will be aligned to the March 2028 completion date and payments will follow the 45 day credit cycle. The contract size enhances the company's order book for the period covered by the agreement.

The disclosure notes compliance with SEBI circular guidance and was signed by the company secretary and compliance officer. The filing includes the requisite annexure with salient particulars including payment terms, contract nature and execution timeline. Stakeholders will be able to review the formal filing on the exchange records for full particulars. The company will follow regulatory reporting obligations for material events as prescribed by the listing rules.

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