Indobell Insulations secures a USD 1,67,250 export order from Germany for the design and supply of insulation, boosting its global presence and international credibility.
Indobell Insulations Limited has officially disclosed, under Regulation 30 of the SEBI (Securities and Exchange Board of India) LODR (Listing Obligations and Disclosure Requirements) Regulations, 2015, that it has secured a significant export order. The company has confirmed an order for the design and supply of insulation worth USD 1,67,250 (approximately ₹1.39 crores).
This order has been awarded by Global Parts & Products GMBH, based in Baden, Germany. The disclosure aligns with the SEBI Circular dated July 13, 2023, with detailed documentation enclosed as Annexure-A.
Key contractual details
The order involves the design and supply of insulation and is to be executed by November 25, 2025. It is a purely international contract, reflecting the company's expanding global footprint. The order originates from an export entity, confirming its cross-border nature.
Importantly, the promoters or promoter groups of Indobell Insulations have no interest in the awarding entity, and the transaction does not fall under related-party deals. All terms are conducted at arm's length, maintaining transparency and regulatory compliance.
Summing up
Indobell Insulations continues to build its global presence with a new export order worth USD 1,67,250. Awarded by a German firm, the contract reinforces the company's credibility in international markets and reflects its commitment to compliance and transparency.
As of 11:16 AM on May 5, 2025, the company's stock was trading at ₹120.75 per share, marking a notable increase of 5.75%, signalling positive investor sentiment following the announcement.
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