Marine Electricals (India) Limited Secures Order Worth Rs. 9.00 Crores from Synergy Shipbuilders
Marine Electricals (India) Limited announced on March 23, 2026, that it has received orders totaling Rs. 9.00 crores (excluding taxes) from Synergy Shipbuilders N Dock Works Limited. The orders are for the supply of power distribution systems.The company anticipates completing the delivery of the goods within a timeframe of 6-7 months.
According to company filings, none of the promoters or promoter group members have an interest in the order, and it does not constitute a related-party transaction. The company stated that the disclosure is being provided as part of its commitment to good corporate governance.
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