Indobell Insulations Amends Export Order Value to USD 83,300

indobell insulations has amended the value of its export order for Steam Turbine Insulation – Blanket Therm to USD 83,300. The order was awarded by GE Vernova Operations LLC, located in Cambridge, USA. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on May 20, 2026. The company confirmed that the earlier disclosure regarding the order value of USD 91,300 stands withdrawn and cancelled.

Order Details

The nature of the order is for Steam Turbine Insulation – Blanket Therm. The significant terms and conditions of the order include a payment term of Net 150 Monthly and an Incoterm of FCA Supplier Factory. The transaction currency is specified as USD.

Execution Timeline

The order is classified as an international transaction and is now scheduled to be executed by Jun 2027. The company confirmed that the promoter, promoter group, or group companies do not have any interest in the entity that awarded the order. Furthermore, the order does not fall within related party transactions.

Key Information

Particulars	Details
Name of Entity	GE Vernova Operations LLC- Cambridge, USA
Nature of Order	Steam Turbine Insulation – Blanket Therm
Order Value	USD 83,300
Execution Timeline	Jun 2027
Payment Terms	Net 150 Monthly
Incoterm	FCA Supplier Factory

The company has requested the stock exchange to take the above information on record.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.59%	+5.63%	-13.94%	-11.93%	-47.99%	-33.13%

Indobell Insulations Limited has secured a domestic order from Bharat Heavy Electricals Limited (BHEL), under the Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, through the Government e-Marketplace (GeM). The order pertains to the Supply and Application of Thermal Insulation of TIP and is valued at Rs 1,38,70,074 (Rupees one crore thirty-eight lakhs seventy thousand and seventy-four only). The development was disclosed by the company on May 15, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The key parameters of the order, as disclosed in Annexure-A filed with BSE Limited, are summarised below:

Parameter:	Details
Awarding Entity:	Bharat Heavy Electricals Limited, Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises
Nature of Order:	Supply and Application of Thermal Insulation of TIP
Order Value:	Rs 1,38,70,074.00 (Rupees one crore thirty-eight lakhs seventy thousand and seventy-four only)
Order Type:	Domestic
Execution Timeline:	July 2027
Payment Terms:	Within 90 days of submission of CRAC and online submission of bills
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

Regulatory Disclosure

The disclosure was made in compliance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The filing confirms that neither the promoter nor the promoter group nor any group companies hold any interest in BHEL, and the order does not fall within the purview of related party transactions. The communication was signed by Sanjay Agarwal, Company Secretary and Compliance Officer, on behalf of Indobell Insulations Limited.