Indobell Insulations Ltd Secures Domestic Order for Nodulated Wool Worth Rs 31,504,000.00
Indobell Insulations Limited has secured a domestic order for the supply of Nodulated Wool from Sundaram Brake Linings Limited. The transaction pertains to a domestic entity and represents a significant contract for the company's product portfolio.The total consideration for the order is valued at Rs 31,504,000.00. According to the agreement details, the payment terms are structured as a direct credit to be processed within 45 days. The company is expected to complete the execution of this contract by March 2028.
The contract does not involve any promoter group interests or related party transactions. The details of the order are outlined in the table below:
| Particulars | Details |
|---|---|
| Name of Awarding Entity | Sundaram Brake Linings Limited |
| Nature of Order | Nodulated Wool |
| Type of Entity | Domestic |
| Order Size | Rs 31,504,000.00 |
| Execution Timeline | March 2028 |
| Payment Terms | 45 days direct credit |
| Related Party Transaction | No |
Stock Price Movement
As of 11:17, Indobell Insulations Ltd shares are surging to ₹85.00, up 10.40%. The stock is currently trading at its intraday high after swinging from a low of ₹76.50.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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