Indobell Insulations Ltd — Important, 06-04-2026: Company Update

Indobell Insulations Limited has secured a domestic order worth 1.47 Cr from Goa Shipyard Limited, part of the Ministry of Defence. This contract involves supplying two shipsets of Searox Slabs for their Frigates Project Yard 1258-59. Obtained through the Government e Marketplace, this order is slated for execution by September 2026. The win strengthens the company's position in the defence sector, securing a notable revenue stream and enhancing its operational outlook. Payment terms are favorable, with 100% of the amount due within 30 days of invoicing.