Business Update15 May 2026, 11:31 am
Indobell Insulations bags ₹1.38 Cr domestic order
AI Summary
Indobell Insulations Ltd has secured a domestic order worth ₹1,38,70,074.00 from Bharat Heavy Electricals Limited through Government e Marketplace (GeM) for the supply and application of Thermal Insulation of TIP. The order is to be executed by July 2027, with payment terms of within 90 days of CRAC submission and online bill submission. The company has confirmed that there are no related party transactions or promoter interests involved.
Key Highlights
- Indobell Insulations receives a domestic order worth ₹1.38 Cr from BHEL.
- The order is for the supply and application of Thermal Insulation of TIP.
- Order execution deadline is July 2027.
- Payment terms are 90 days post CRAC submission and online billing.
- No related party transactions or promoter interests are involved.