Marine Electricals Receives ₹75.19 Crore Orders

Core Announcement – Order Details

Awarding Entities:

• STT Global Data Centres India Private Limited
• Princeton Digital Group (India) Management Private Limited

Domestic/International Order: Domestic (India)

Nature of Order/Contract: Supply of power distribution systems for both clients.

Order Value: Total ₹75.19 crores (approximately) excluding taxes.

Materiality Context: Not Specified

Execution Timeline: Delivery of goods shall be made over a period of 12-18 months for both orders.

Revenue Recognition / Billing Structure: Not Specified

Key Terms & Payment Milestones: Not Specified

Whether Related Party Transaction: No. The company explicitly states "the said order/contract does not fall within the ambit of related party transactions."

Promoter Group Involvement: No. The company states "none of the Promoters/Promoter Group have any interest in the aforesaid work."

Financial Implication: Not Specified