+
Indobell Secures Domestic Order For Nodulated Wool
ECONOMY & POLICY

Indobell Secures Domestic Order For Nodulated Wool

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline.

The order carries payment terms of 45 days by direct credit and is scheduled to be executed by March 2028. Indobell noted that the material to be supplied is nodulated wool and that the party awarding the contract is based in India. The company characterised the transaction as a routine commercial contract within its regular course of business.

The broad consideration for the contract was stated as Rs 48,739,015 which the company presented as Rs 48.74 mn on conversion to a million denomination. Indobell confirmed that neither the promoter nor the promoter group nor group companies have any interest in the awarding entity and that the contract does not qualify as a related party transaction. The disclosure recorded that the contract, where relevant, would be conducted on an arm's length basis.

The disclosure was signed by the company secretary and compliance officer, who is listed with membership number A 15785, and accompanied the prescribed annexure detailing the information pursuant to the SEBI circular dated 13 July 2023. Indobell requested that the exchange take the information on record and indicated it will proceed with contractual performance in accordance with the stated terms. The announcement forms part of routine market disclosures by listed companies to keep investors informed.

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline. The order carries payment terms of 45 days by direct credit and is scheduled to be executed by March 2028. Indobell noted that the material to be supplied is nodulated wool and that the party awarding the contract is based in India. The company characterised the transaction as a routine commercial contract within its regular course of business. The broad consideration for the contract was stated as Rs 48,739,015 which the company presented as Rs 48.74 mn on conversion to a million denomination. Indobell confirmed that neither the promoter nor the promoter group nor group companies have any interest in the awarding entity and that the contract does not qualify as a related party transaction. The disclosure recorded that the contract, where relevant, would be conducted on an arm's length basis. The disclosure was signed by the company secretary and compliance officer, who is listed with membership number A 15785, and accompanied the prescribed annexure detailing the information pursuant to the SEBI circular dated 13 July 2023. Indobell requested that the exchange take the information on record and indicated it will proceed with contractual performance in accordance with the stated terms. The announcement forms part of routine market disclosures by listed companies to keep investors informed.

Related Stories

Gold Stories

Next Story
Building Material

Hard Worker Wins Three Honours at Kyoorius Design Awards

The Ramco Cements Limited’s construction chemicals brand, Hard Worker, has won three honours at the Kyoorius Design Awards 2026, including the Grand Prix – Grey Elephant in the Design in Action category.The brand also secured two Blue Elephant honours, one for Design in Action and another for Packaging, recognising the design approach behind its brand identity and packaging.Launched in 2025, Hard Worker entered the construction chemicals segment with the brand promise, “Hard-working products for hardworking people.” Its visual identity uses animals and birds to represent product benefi..

Next Story
Infrastructure Transport

Kopri-Patni Creek Bridge to Improve Thane-Navi Mumbai Connectivity

Road connectivity between Thane and Navi Mumbai is set to receive a boost with the proposed six-lane Kopri-Patni Creek Bridge, which will provide a new route across Thane Creek. The project is intended to create a direct link between the two urban centres and add capacity to the region’s road network. The bridge will connect Kopri in Thane East with Patni in Navi Mumbai. It will begin at Mith Bandar Road in Kopri, about 750 metres from Thane railway station, cross Thane Creek and land near Airoli Knowledge City Road in Navi Mumbai. The project has advanced with Akshya Infra Projects emerging..

Next Story
Infrastructure Urban

Bengaluru Cuts Unaccounted-for Water to 26.5 Per Cent

The Bengaluru Water Supply and Sewerage Board (BWSSB) has reduced unaccounted-for water from nearly 51 per cent in 2013 to 26.5 per cent in 2025, improving efficiency across a metropolitan region of 14 mn people. The reduction has saved nearly 200 mn litres of water a day without requiring equivalent additional capacity. Bengaluru depends primarily on the Cauvery river system, with water transported over 100 km to the city. BWSSB operates six major treatment plants with combined installed capacity of 2,293 MLD and supplies nearly 150 litres per person per day. The Cauvery Water Supply Scheme S..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code