Business Update17 Jul 2026, 11:41 am
Indobell Insulations Secures ₹4.87 Cr Domestic Order
AI Summary
Indobell Insulations Limited has announced securing a new domestic order for Nodulated Wool valued at ₹48,739,015.00 from Sundaram Brake Linings Limited. The order is expected to be executed by March 2028, with payment terms of 45 days direct credit. This order does not involve any interest from promoters or promoter group companies and is not considered a related party transaction.
Key Highlights
- Secured a domestic order worth ₹48,739,015.00.
- Order is for Nodulated Wool from Sundaram Brake Linings Limited.
- Execution timeline is set for March 2028.
- Payment terms are 45 days direct credit.
- No promoter interest or related party transaction involved.
Price Impact
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