Mumbai, July 17 -- The orders comprise three contracts for nodulated wool worth Rs 4.87 crore, Rs 2.19 crore and Rs 3.15 crore, along with one contract worth Rs 4.54 crore for the supply of ceramic fibre nodules.

The orders are significant for the company, with their combined value of Rs 14.75 crore equivalent to about 28% of Indobell Insulations' market capitalisation of Rs 52.60 crore.

All four orders have been awarded by Sundaram Brake Linings and are scheduled to be executed by March 2028. The contracts carry a payment term of 45 days direct credit, according to the company's regulatory filings.

Indobell Insulations is engaged in the manufacturing and export of insulation products and also operates as a service provider in the insu...