Marine Electricals (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
MARINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Marine Electricals (India) Limited has secured an order valued at Rs. 24.74 Crore (excluding taxes) from Digital Edge DC (India) Private Limited. The work involves supply, installation, testing, and commissioning of a power distribution system for Digital Edge's BOM1 data center project. Delivery is scheduled over a 4-month period. The order is not a related party transaction.
This is a positive development, showing the company is winning business in the growing data center infrastructure space beyond its core marine electricals business. The 4-month delivery timeline means revenue should flow into the current financial year, supporting near-term topline growth.