Marine Electricals (India) Limited has secured orders worth ₹17.12 crores from Princeton Digital Group (India) Management Private Limited for power distribution systems.
The orders involve the supply, installation, testing, and commissioning of power distribution systems. The delivery is scheduled to be completed over a period of 7-8 months. The company clarified that the order does not involve any related party transactions, ensuring adherence to corporate governance standards.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.