NEW EXPORT ORDER WORTH 185,902 USD RECEIVED.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Indobell Insulations has secured an export order valued at USD 185,902 (approximately ₹1.55–1.6 lakh, depending on FX rate) from GE Vernova Operations LLC based in Cambridge, USA. The order is for Steam Turbine Insulation – Blanket Therm products and is to be executed by August 2026. Payment terms are Net 150 Monthly and the delivery basis is FCA Supplier Factory, with billing in US Dollars. The order has been awarded by an international entity and is not a related-party transaction. The promoter group has no interest in the awarding entity.
This is a small export order in hard currency from a reputed global client (GE Vernova), which adds to the company's international order book but is unlikely to be material to overall revenue. The order demonstrates continued business traction with global OEMs in the power/energy equipment space.