Indobell Insulations Secures USD 94,800 Export Order for External Insulation

1 min read     Updated on 14 Jan 2026, 04:18 PM
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Jubin VScanX News Team
Overview

Indobell Insulations Limited has secured a significant export order worth USD 94,800 for external insulation products from GE Vernova Operations LLC, Cambridge. The order, disclosed under SEBI regulations, is to be executed by September 2027 and represents the company's expanding international market presence with foreign currency earnings.

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*this image is generated using AI for illustrative purposes only.

Indobell Insulations Limited has secured a significant export order worth USD 94,800.00 for external insulation products. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting its growing international presence in the insulation sector.

Order Details and Specifications

The export contract has been awarded by GE Vernova Operations LLC, based in Cambridge, for external insulation products. The order represents an international business opportunity for the company, expanding its reach beyond domestic markets.

Parameter: Details
Awarding Entity: GE Vernova Operations LLC - Cambridge
Order Value: USD 94,800.00 (Ninety Four Thousand Eight Hundred US Dollars)
Product Type: External Insulation
Contract Nature: International Export Order
Execution Timeline: September 2027

Regulatory Compliance and Transparency

The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company has confirmed that this order does not constitute a related party transaction and is conducted at arm's length principles.

Key Transaction Highlights

The order details reveal several important aspects of this business development:

  • The contract involves purely external insulation products
  • No promoter group or group companies have any interest in the awarding entity
  • The transaction maintains independence from related party considerations
  • The execution timeline extends to September 2027, providing a structured delivery schedule

Business Impact

This export order demonstrates Indobell Insulations' capability to secure international contracts and expand its market presence beyond India. The company's expertise in insulation products has enabled it to attract overseas clients, particularly through this Cambridge-based contract. The order value of USD 94,800.00 represents foreign currency earnings for the company, contributing to its export revenue stream and doubling the previous order value.

Historical Stock Returns for Indobell Insulations

1 Day5 Days1 Month6 Months1 Year5 Years
+6.35%0.0%-3.43%-45.51%-26.99%-26.99%
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Indobell Insulations EGM Scheduled for January 12, 2026 for ESOP Approval

2 min read     Updated on 17 Dec 2025, 06:49 PM
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Reviewed by
Ashish TScanX News Team
Overview

Indobell Insulations Limited has scheduled an Extraordinary General Meeting for January 12, 2026, to seek shareholder approval for its Employee Stock Option Plan 2025. The plan covers 3,15,000 equity shares with comprehensive e-voting procedures through NSDL platform and detailed governance framework for implementation.

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*this image is generated using AI for illustrative purposes only.

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:

Parameter: Details
Total Options: 3,15,000 equity shares
Face Value: ₹10.00 per share
Capital Representation: 5% of paid-up equity share capital
Vesting Period: Minimum 1 year, maximum 3 years
Exercise Period: 1 year from vesting date
Lock-in Period: 1 year post-exercise

E-Voting and Meeting Procedures

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

Timeline Component: Schedule
Cut-off Date: January 5, 2026
E-voting Commencement: January 9, 2026 (9:00 AM IST)
E-voting Closure: January 11, 2026 (5:00 PM IST)
EGM Date: January 12, 2026 (12:00 PM IST)

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:

Role: Appointee
Scrutinizer: Mrs. Prachi Todi (ACS 53022)
Merchant Banker: M/s Finshore Management Service Ltd.
Company Secretary: Sanjay Agarwal (A1578)

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.

Historical Stock Returns for Indobell Insulations

1 Day5 Days1 Month6 Months1 Year5 Years
+6.35%0.0%-3.43%-45.51%-26.99%-26.99%
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