Marsons Limited Secures International Order for Supply of 25 MVA Power Transformer
Marsons Limited has secured a significant international contract with a US based Solar Energy Developer. The company received a Letter of Award or Purchase Order valued at INR 7.75 crores (approx.), which is equivalent to USD 8,20,000 only.The order pertains to the supply of a 25 MVA Power Transformer destined for Hemet, California, USA. This contract represents an international transaction for Marsons Limited. The planned time period for executing this order is 14 months.
Key details regarding the purchase order are summarized below:
| Detail | Information |
|---|---|
| Client | US based Solar Energy Developer |
| Nature of Order | Supply of 25 MVA Power Transformer |
| Order Value | INR 7.75 crores (approx.) / USD 8,20,000 only |
| Duration | 14 months |
The transaction is noted as being an international order. The data confirms that the promoter or promoter group members hold no interest in the entity awarding the order, and the contract does not fall under related party transactions.
MARSONS Stock Price Movement
Shares of Marsons Limited are edging higher to ₹114.25 as of 2:23 PM, successfully gaining 1.68% in live trading. The equity maintains a robust profile, registering a gain on a volume of 977,598 shares after dipping down to an intraday low of ₹110.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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