NEW ORDER RECEIVED FROM EPSILON CARBON PRIVATE LIMITED, BELLARY, KARNATAKA FOR RS 3.28 CR
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Awaiting price reaction for this filing.
Indobell Insulations Ltd has secured a new domestic order from Epsilon Carbon Private Limited, based in Bellary, Karnataka. The order is for the supply and installation of insulation work, valued at Rs 3,48,10,000.28 (approximately Rs 3.48 crores). The order is to be executed by April 30, 2026. The company has clarified that the promoters or group companies have no interest in Epsilon Carbon, and the transaction is not a related party transaction.
This is a modest positive development as it adds to the company's order book from a private-sector client. However, given the relatively small order size, it is unlikely to materially move the stock unless the company has a very small revenue base. Investors should wait for more such orders to gauge business momentum.