NEW EXPORT ORDER WORTH 70,700 USD RECEIVED.
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Indobell Insulations Ltd has secured a new export order valued at USD 70,700 (approximately ₹60 lakhs) from GE Vernova Parts & Products GmbH, based in Baden, Switzerland. The order is for Steam Turbine Insulation – Blanket Therm, with payment terms of 150 days net and delivery on FCA (Free Carrier) basis from the supplier factory. The order is to be executed by November 2026, and there is no related party interest in the awarding entity.
The order size is small in absolute terms and unlikely to materially move the stock, but it reinforces the company's presence in the export market and its association with a globally recognised industrial major (GE Vernova).