NSEBagging/Receiving of orders/contracts4d ago · 27 Oct 2026, 11:36 am
Bagging/Receiving of orders/contracts
Marine Electricals (India) Limited · MARINE
✦ AI Summary▲ PositiveOrder Win
Marine Electricals (India) Limited has received orders worth Rs 362.34 crores from Princeton Digital Group (India) Management Private Limited and DXDC Chennai Private Limited for supply of Power Distribution System.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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Ref: MEIL/SEC/2026-27/55
27th October, 2026
National Stock Exchange of India Limited.
Exchange Plaza, 5th Floor, Plot No. C/1
G Block, Bandra- Kurla Complex,
Bandra (East), Mumbai – 400051
Symbol: MARINE
ISIN: INE01JE01028
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirement) Regulation, 2015
We are pleased to inform you that Marine Electricals (India) Limited has
awarded orders totaling Rs 362.34 crores (Approx) Excluding Taxes, the details
of the same are mentioned as under:
1. Awarded Order received from Princeton Digital Group (India) Management
Private Limited for supply of Power Distribution System. The delivery of the said
goods shall be made over a period of 12-15 months.
2. Awarded letter of intent received from DXDC Chennai Private Limited for
supply of Power Distribution System. The delivery of the said goods shall be
made over a period of 4-5 months.
Please note that none of the Promoters/Promoter Group have any interest in the
aforesaid work, and the said order/contract does not fall within the ambit of
related party transactions. Furthermore, we are providing this intimation as part
of good corporate governance.
You are requested to take the same on record & oblige.
Thanking You.
For Marine Electricals (India) Limited
Deep Shah
Company Secretary & Compliance Officer
ACS: 61488