Marine Electricals (India) Limited — New Orders, 03-03-2025: Bagging/Receiving of orders/contracts

Marine Electricals (India) Limited has secured an order worth approximately ₹10.22 Cr from Prasa Infocom & Power Solutions Pvt Ltd for the supply and installation of LV Panels. The delivery is expected to take place over the next three months. This development signifies a positive contract win for the company, reflecting its operational capabilities in the electrical sector. With no interest from the promoter group in this transaction, the order strengthens corporate governance and transparency. Investors should view this as a potential growth opportunity, enhancing the company's revenue streams in the coming quarter.