Indobell insulations Limited has secured a significant export order worth USD 85,975 from GE Vernona Operations LLC, Cambridge, USA, for steam turbine insulation services. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The contract specifications and key parameters are outlined below:

Contract Specifications

The order involves providing insulation services specifically for steam turbine applications. As an international contract, this represents an export opportunity for Indobell Insulations Limited, expanding the company's reach in the global market for industrial insulation solutions.

Regulatory Compliance

The company has confirmed full compliance with regulatory requirements regarding the contract:

• Related Party Transactions: The order does not fall within related party transactions
• Promoter Interest: No promoter, promoter group, or group companies have any interest in GE Vernona Operations LLC
• Transaction Nature: The contract is conducted at arm's length with no conflicts of interest

Company Operations

Indobell Insulations Limited operates manufacturing facilities across two regions in India. The Eastern Region facility is located at D-195, Trenching Ground Road, Kolkata, while the Western Region operations are based at Plot No. 18, Gala No. 2 & 3, Dewan & Sons Industrial Estate, Vevoor, Palghar. This geographic spread positions the company to serve both domestic and international markets effectively.

Indobell insulations Limited has secured a substantial domestic order worth Rs. 34,810,000.28 for supply and installation of insulation services. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Specifications

The contract has been awarded by Epsilon Carbon Private Limited, located in Bellary, Karnataka. The order encompasses comprehensive supply and installation of insulation services, representing a significant business opportunity for the company.

Contract Terms and Timeline

The order is scheduled for completion by April 30, 2026, providing the company with a clear execution framework. The domestic nature of the contract aligns with Indobell Insulations Limited's focus on serving the Indian industrial market with specialized insulation solutions.

Regulatory Compliance and Transparency

In compliance with SEBI regulations, the company has confirmed that this order does not involve any related party transactions. Additionally, no promoter, promoter group, or group companies have any interest in Epsilon Carbon Private Limited, the entity that awarded the contract.

Business Impact

This order represents a notable addition to Indobell Insulations Limited's order book, demonstrating the company's capability to secure significant contracts in the industrial insulation segment. The contract value of Rs. 34,810,000.28 reflects the substantial scope of insulation services to be provided to the Karnataka-based client.

The company operates from its registered office in Kolkata and maintains works facilities in the Eastern and Western regions, positioning it well to execute projects across different geographical locations in India.