Indobell Insulations secures USD 47,922 export order from GE Vernova

Indobell Insulations Limited has secured an export order worth USD 47,922 from GE Vernova Operations LLC for External Insulation 7HA.03. The order was awarded by the international entity GE Vernova Operations LLC, based in Cambridge, USA. The execution of the order is scheduled to be completed by 30 September 2027.

Order Details

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order involves the supply of External Insulation 7HA.03. The payment terms are set at Net 150 Monthly, and the Incoterms are FCA SUP-Supplier Factory. The transaction currency is USD.

Key Contractual Information

Particulars	Details
Name of the entity awarding the order	GE Vernova Operations LLC- Cambridge, USA
Nature of order	External Insulation 7HA.03
Broad consideration	USD 47,922
Time period for execution	30 September 2027
Whether domestic or international	International

The company confirmed that the promoters, promoter group, or group companies have no interest in the entity that awarded the order. Furthermore, the order does not fall within related party transactions. The disclosure was signed by Sanjay Agarwal, Company Secretary & Compliance Officer.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+19.52%	+47.19%	+65.45%	+28.88%	-39.68%	-8.58%

Indobell Insulations Limited has secured a domestic order worth Rs 5.10 Cr from Skoda Power Private Limited for the supply of thermal insulations. The order, valued at Rs 5,10,00,000.00, is scheduled for execution by September 15, 2026, representing a significant addition to the company's order book within the domestic market. The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanjay Agarwal, Company Secretary & Compliance Officer, confirmed the development in the filing submitted on June 12, 2026.

Order Details and Terms

The agreement outlines a structured payment schedule to ensure progress-based disbursements. The terms include a 10% advance payment, followed by 15% against the submission of engineering drawings. The bulk of the payment, 65%, is due against delivery within 45 days, with the remaining 10% to be released against a bank guarantee.

Particulars:	Details
Name of Client:	Skoda Power Private Limited
Nature of Order:	Supply of Thermal Insulations
Order Value:	Rs 5,10,00,000.00
Execution Timeline:	September 15, 2026
Order Type:	Domestic

The filing further clarified that the order does not involve any related party transactions, nor do the promoter, promoter group, or group companies hold any interest in Skoda Power Private Limited. The transaction was conducted at arm's length.