NEW EXPORT ORDER WORTH 185,100 USD RECEIVED
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Indobell Insulations Ltd has secured an export order valued at USD 185,100 (approximately ₹1.55–1.60 crore) from GE Vernova Parts & Products GmbH based in Baden, Switzerland. The order is for Steam Turbine Insulation – Blanket Therm and is to be executed by September 2026. Payment terms are 150 days net from invoice date, settled in US Dollars on an FCA Supplier Factory basis. The buyer is an international, unrelated entity, with no promoter or related-party interest involved.
The order value is modest, so the direct revenue impact is limited. However, winning business from GE Vernova, a globally recognised power-equipment major, adds credibility to Indobell's export capabilities and could help attract similar overseas clients in the future.