Indobell Insulations Limited Secures Domestic Order Worth Rs 4,53,51,530.00
Indobell Insulations Limited has secured a domestic order for Ceramic Fibre Nodules from Sundaram Brake Linings Limited. The contract is valued at Rs 4,53,51,530.00.The company confirmed that the order pertains to the supply of Ceramic Fibre Nodules and will be executed by March 2028. According to the agreement, the payment terms are structured as direct credit within a period of 45 days.
Key details regarding the contract are outlined in the table below:
| Particulars | Details |
|---|---|
| Name of Entity Awarding Order | Sundaram Brake Linings Limited |
| Nature of Order | Ceramic Fibre Nodules |
| Order Size | Rs 4,53,51,530.00 |
| Type of Entity | Domestic |
| Execution Timeline | March 2028 |
| Payment Terms | 45 days direct credit |
The company has confirmed that there is no promoter or group company interest in the entity that awarded the order. Additionally, the transaction does not fall within related party transactions.
Stock Price Movement
As of 10:54, Indobell Insulations Ltd shares are climbing to ₹80.89, up 5.07%. The stock is currently oscillating between an intraday low of ₹76.50 and a high of ₹81.75.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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