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Marine Electricals (India) LimitedImportant, 12-01-2026: Memorandum of Understanding/Agreements

12-01-2026 | 07:14 pm

Marine Electricals is providing a convertible loan of up to Rs 5.5 Cr to its 91.74% subsidiary, Evigo Charge. This capital infusion will support Evigo's working capital needs and offers Marine future equity conversion potential.

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