Indobell insulations Limited has submitted its mandatory compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations 2018. The certificate covers the period from 1.1.2026 to 31.3.2026, representing the fourth quarter of fiscal year 2026.

Regulatory Compliance Certificate

The certificate was filed on 07.04.2026 by Company Secretary and Compliance Officer Sanjay Agarwal, addressing BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The submission pertains to BSE Script Code 544334 under the script ID "Indobell".

Share Transfer Activity Report

According to the certificate issued by Integrated Registry Management Services Private Limited, the company's appointed Registrar and Shares Transfer Agent, no requests for dematerialisation or rematerialisation of shares were received during the specified period. This indicates stable shareholding patterns with no conversion requests between physical and electronic share formats.

Company Structure and Operations

Indobell Insulations Limited operates from multiple locations across India. The company maintains its registered office at 88C, Lake View Road, Kolkata - 700 029, while the corporate office is located at 20/1A, Lake View Road, Kolkata - 700 029. The company's manufacturing operations span two regions:

• Eastern Region: D-195, Trenching Ground Road, Kolkata - 700 024
• Western Region: Plot No. 18, Gala No. 2 & 3, Dewan & Sons Industrial Estate, Vevoor, Palghar - 401 404

Regulatory Framework

The certificate submission aligns with SEBI's depositories regulations framework, which mandates periodic reporting by listed companies regarding share transfer activities. Regulation 74(5) specifically requires companies to maintain records and report on dematerialisation and rematerialisation requests processed through their registrar and transfer agents.

Corporate Governance

The timely submission of this compliance certificate reflects Indobell Insulations Limited's commitment to regulatory adherence and corporate governance standards. Company Secretary Sanjay Agarwal, holding membership number A15785, digitally signed the certificate, ensuring authenticity and compliance with modern filing requirements.

Indobell insulations Limited has announced securing a substantial domestic order worth Rs 1,46,94,642.10 from Goa Shipyard Limited, a Department of Defence Production entity under the Ministry of Defence. The order was secured through the Government e-Marketplace (GeM) platform, demonstrating the company's successful participation in government procurement processes.

Order Details and Specifications

The contract involves the supply of specialized marine insulation materials for defence applications. The company will provide 2 Shipsets Searox Slabs specifically for the Frigates Project Yard 1258-59, highlighting Indobell Insulations' capability in manufacturing high-grade insulation products for naval vessels.

Contract Terms and Timeline

The agreement includes favorable payment terms that ensure steady cash flow for the company. Under the contract conditions, Goa Shipyard Limited will make 100% payment within 30 days from the date of invoicing, providing financial certainty for the project execution.

The order is scheduled for completion by September 2026, giving Indobell Insulations adequate time to manufacture and deliver the specialized insulation materials. This timeline aligns with the shipyard's project requirements and demonstrates the company's ability to meet defence sector delivery schedules.

Regulatory Compliance and Transparency

The company has fulfilled all regulatory disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that neither the promoter group nor group companies have any interest in Goa Shipyard Limited, ensuring the transaction's independence.

Additionally, the order does not fall within related party transactions, maintaining arm's length commercial terms. This transparency reinforces the merit-based nature of the contract award through the government procurement system.

Strategic Significance

This order represents a significant achievement for Indobell Insulations in the defence manufacturing sector. The contract value of Rs 1,46,94,642.10 demonstrates the company's capability to secure substantial government orders and execute specialized projects for naval applications.

The successful procurement through GeM platform also positions the company favorably for future government contracts, potentially opening doors to additional defence sector opportunities. The order reinforces Indobell Insulations' expertise in manufacturing high-quality insulation materials suitable for critical defence applications.