Indobell Insulations Ltd Secures Domestic Order for Nodulated Wool Worth Rs 2,19,40,477.50
Indobell Insulations Limited has secured a domestic order for the supply of Nodulated Wool from Sundaram Brake Linings Limited. The contract is valued at Rs 2,19,40,477.50 and pertains to a domestic entity.The company is scheduled to execute the order by March 2028. According to the terms of the agreement, the payment structure is set as 45 days direct credit. The transaction does not involve any promoter group interest or fall under related party transactions.
Key details of the contract are outlined in the table below:
| Particulars | Details |
|---|---|
| Name of Entity Awarding Order | Sundaram Brake Linings Limited |
| Nature of Order | Nodulated Wool |
| Contract Value | Rs 2,19,40,477.50 |
| Execution Timeline | March 2028 |
| Payment Terms | 45 days direct credit |
| Entity Type | Domestic |
Stock Price Movement
Indobell Insulations Ltd shares settled at ₹76.99 on Thursday, jumping 9.67% after the closing bell. The stock saw significant movement during the session as it traded between a low of ₹70.50 and a high of ₹84.18.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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