Marine Electricals discloses receipt of two new orders totaling ₹70.86 crores under SEBI LODR Regulation 30.
Order from Princeton Digital Group for power distribution systems valued at an undisclosed portion of the total, with 7-9 month delivery.
Order from C Torq Marine Services for panels is a related party transaction with a 21-month delivery timeline.
The Princeton order confirms no promoter group interest, while the C Torq order is flagged for governance disclosure.