We are pleased to announce that our company has received a letter of award/ purchase order worth INR 5,74,08,750.00 (USD 6,37,875 only) from FTC Solar Inc, USA for supply of various ratings ....
MARSONS · price
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Awaiting price reaction for this filing.
Marsons Ltd has received a purchase order worth approximately INR 5.74 crore (USD 6,37,875) from FTC Solar Inc, USA for the supply of various ratings of Pad-Mounted Transformers. The order is to be executed within 6 months. The awarding entity is an international, unrelated party with no promoter or group company interest. This marks a confirmed export order booked in hard currency (USD).
Positive for the stock in the short term as the company secures a fresh export order, providing revenue visibility over the next six months and adding to its international order book. The order is not from a related party, lending credibility to the win.