Marine Electricals (India) Limited, a leading provider of electrical solutions and automation systems, has secured a ₹8.14 crore order from Data Center Holdings India LLP. The order is for the supply of LV (Low Voltage) panels, with deliveries scheduled over a six-month period.

This announcement, made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlights Marine Electricals' continued growth in the power distribution and automation sector.

Key Details of the Order

• Order Value: ₹8.14 crore (excluding taxes)

• Client: Data Center Holdings India LLP

• Product: LV (Low Voltage) panels

• Delivery Timeline: Over six months

• Regulatory Compliance: No related party transactions, no promoter involvement

The company emphasized that the contract does not involve any related party transactions, and no Promoter or Promoter Group entities have any interest in the order. The disclosure was made in line with good corporate governance practices.

Strategic Importance of the Deal

Marine Electricals' latest order reinforces its position in the power distribution and automation segment. The demand for LV panels is growing, particularly with increasing investments in data centers, industrial automation, and infrastructure projects.

The company's expertise in electrical and automation solutions makes it a preferred partner for large-scale industrial and commercial clients, and this order adds to its expanding order book.

Growth Prospects for Marine Electricals

Marine Electricals has been actively securing orders in the power, infrastructure, and industrial automation sectors. With an increasing focus on energy-efficient solutions and advanced electrical systems, the company is expected to benefit from rising demand across multiple industries.

This latest order strengthens Marine Electricals' foothold in the data center industry, a sector witnessing rapid growth due to digital transformation, cloud computing, and increased data storage needs.

Conclusion

Marine Electricals' successful order win of ₹8.14 crore from Data Center Holdings India LLP highlights its market leadership in electrical and automation solutions. With a six-month delivery schedule, the company is set to enhance its revenues while maintaining a strong pipeline of industrial projects.

This order demonstrates the company’s ability to secure large contracts in high-growth sectors, reinforcing its commitment to innovation and excellence in electrical engineering.

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