Indobell Insulations Limited has scheduled its Extraordinary General Meeting for Monday, January 12, 2026, at 12:00 PM IST through video conferencing to seek shareholder approval for its Employee Stock Option Plan 2025. The company issued a formal notice under Regulation 30 of SEBI Listing Regulations, providing comprehensive details for the virtual meeting.

Employee Stock Option Plan 2025 Framework

The board-approved Employee Stock Option Plan encompasses significant parameters designed to align employee interests with organizational objectives:

E-Voting and Meeting Procedures

The company has established comprehensive e-voting procedures through NSDL platform with specific timelines:

Pricing and Exercise Framework

The Nomination and Remuneration Committee will determine exercise prices within defined parameters. The exercise price must not fall below the face value of equity shares and cannot exceed the closing market price on the day preceding the grant date. The committee retains authority to adjust exercise prices for corporate actions including rights issues, mergers, stock splits, and bonus issues.

Corporate Governance and Compliance

The company has appointed key officials to oversee the ESOP implementation:

Eligibility and Benefits Structure

The plan covers permanent employees of the company in India and abroad, including directors except independent directors and those holding more than 10% equity stakes. The maximum number of options granted to any employee during one year shall not exceed 1% of the issued capital. The appraisal process for determining eligibility will be based on various criteria including role designation, service length, company performance, and employee potential as determined by the committee.

Shareholders can access the EGM notice through the company website at www.indobell.com and participate through video conferencing facilities provided by NSDL.

Indobell Insulations Limited , a company specializing in insulation solutions, has announced a significant development in its international business operations. The company has secured an export order worth USD 57,000 for direct labour services from GE Electric, based in Warsaw, Poland.

Key Details of the Export Order

Significance of the Order

This export order marks an important step for Indobell Insulations Limited in expanding its international footprint. By securing a contract with GE Electric, a well-known global entity, the company demonstrates its capability to compete in the international market for specialized insulation services.

Execution and Timeline

The company is set to execute this order by January 2026, providing a substantial timeframe for the delivery of direct labour services. This extended period suggests that the project might involve complex or long-term insulation work, although specific details of the services have not been disclosed.

Corporate Governance

It's worth noting that Indobell Insulations Limited has confirmed that this order does not fall under related party transactions, and there is no involvement of the promoter or promoter group in the entity awarding the contract. This transparency aligns with good corporate governance practices and regulatory compliance.

Conclusion

This new export order represents a positive development for Indobell Insulations Limited, potentially opening doors for further international business opportunities. As the company moves forward with this project, stakeholders will likely be keen to see how it impacts the company's financial performance and international market presence in the coming years.