StockWatch
·
Other Industrial Products
Business Update12 Jun 2026, 08:31 pm

Indobell Insulations Secures ₹5.1 Cr Domestic Order

AI Summary

Indobell Insulations Limited has announced securing a significant domestic order worth ₹5,10,00,000.00 for the supply of Thermal Insulations. The order has been placed by SKODA POWER PRIVATE LIMITED and is expected to be executed by September 15, 2026. Key terms include a 10% advance payment, with further payments tied to engineering drawings and delivery, and a balance against a Bank Guarantee. The company confirmed that promoters or their group entities have no interest in the awarding entity, and the transaction is not a related party transaction.

Key Highlights

  • Secured a domestic order valued at ₹5.10 Crores.
  • Order is for the supply of Thermal Insulations.
  • Execution timeline set for September 15, 2026.
  • No promoter interest in the awarding entity.
  • Transaction is not a related party deal.