NSEBagging/Receiving of orders/contracts28 Jul 2026 · 28 Jul 2026, 10:31 am
Bagging/Receiving of orders/contracts
Marine Electricals (India) Limited · MARINE
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Marine Electricals (India) Limited has received orders totaling Rs. 141.74 crores from Princeton Digital Group (India) Management Private Limited for the supply, installation, testing, and commissioning of power distribution systems.
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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Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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Ref: MEIL/SEC/2026-27/28
28th July, 2026
National Stock Exchange of India Limited.
Exchange Plaza, 5th Floor, Plot No. C/1h
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 announce that Marine Electricals (India) Limited has received orders
totaling Rs. 141.74 crores (excluding taxes) from Princeton Digital Group (India)
Management Private Limited. The orders pertain to the supply installation Testing and
commissioning of power distribution System. The delivery of these goods is scheduled to
be completed over a period of 10 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