Marine Electricals Share Price in Focus on ₹5.71 Crore Order from Indian Navy

Marine Electricals (India) Limited has received an order from the Indian Navy’s Material Organisation for the supply of an Integrated Bridge System (IBS). The order is valued at ₹5.71 crore, excluding taxes.

Timeline and Delivery

According to the official filing made on June 16, 2025, the delivery of the IBS will take place over a span of 6 months. No further breakdown of the delivery schedule or deployment specifics has been provided.

No Related Party Involvement

Marine Electricals clarified in the regulatory filing that none of the promoter or promoter group entities are involved in this transaction. The order does not fall under the scope of related party transactions, as defined by SEBI regulations.

Regulatory Filing

The disclosure was made to the National Stock Exchange of India under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements, 2015. The company has stated that the announcement is part of its routine corporate governance practices.

The order has been listed under the company’s official filings for the financial year 2025-26. The disclosure was signed by Deep Shah, Company Secretary and Compliance Officer.

About the System

The Integrated Bridge System is typically used in naval operations to consolidate navigation and control functions onto a central platform. The exact configuration and components to be delivered under this order have not been detailed in the disclosure.

Read more: Best Defence Stocks In India In June 2025!

Company Overview

Marine Electricals (India) Limited, formerly known as Marine Electricals (I), operates in the fields of electrical automation and ICT (Information and Communication Technology) solutions. The company works across sectors, including marine, industrial, and defence.

Marine Electricals Share Price Performance 

As of 9:25 AM on June 17, 2025, Marine Electricals share price was trading at ₹228, a 1.89% increase; the stock has declined 31.33% over the past 6 months but up 45.65% over the past year.

Conclusion

The order adds to the list of government contracts handled by Marine Electricals. Delivery is expected to be completed within the specified six-month period, and the company has acknowledged the order publicly as part of its stock exchange compliance process.

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