
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.
Price Impact
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