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Marine Electricals Share Price Gains Over 6%; Receives Orders Worth ₹284.39 Crore for Power Distribution Systems

Written by: Team Angel OneUpdated on: 27 Jan 2026, 7:48 pm IST
Marine Electricals India Limited receives new orders worth ₹284.39 crore for supply of power distribution systems across data centre and marine projects.
Marine Electricals Share Price Gains Over 6%; Receives Orders Worth ₹284.39 Crore for Power Distribution Systems
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Marine Electricals India Limited has informed the National Stock Exchange of India Limited about the receipt of multiple orders aggregating to ₹284.39 crore, excluding taxes, in compliance with Regulation 30 of SEBI Listing Regulations. 

Marine Electricals Order Disclosure to NSE 

The disclosure dated January 27, 2026, outlines that the company has secured contracts for the supply of power distribution systems from 3 separate entities. These orders cover data centre infrastructure projects and marine related requirements, with deliveries scheduled across varying timelines. 

Details of Orders Received 

The first order has been received from Digital Edge Dc India Private Limited for the supply of power distribution systems for the BOM 2 Data Center Project. The delivery period for this contract is between 6 and 8 months. 

The second order is from Crescon Projects and Services Private Limited for the LBOM 12 Data Center Project. The supply under this order is scheduled to be completed within 1 to 2 months. 

The third order has been awarded by SHM Shipcare Private Limited for the supply of power distribution systems, with delivery expected within 4 to 5 months. 

Company Filing Information 

The intimation was signed by Deep Shah, Company Secretary and Compliance Officer of Marine Electricals India Limited, and has been submitted for record purposes to the exchange. 

Read More: Adani Ports to Invest ₹16,000 Crore in Phase 2 Vizhinjam Seaport Expansion! 

Marine Electricals Share Price Performance  

As of January 27, 2026, at 1:15 PM, Marine Electricals share price on NSE was trading at ₹181.70 up by 6.58% from the previous closing price. 

Conclusion 

The disclosure highlights the receipt of multiple orders amounting to ₹284.39 crore by Marine Electricals India Limited for power distribution systems across data centre and marine segments, along with associated delivery timelines and regulatory confirmations. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Jan 27, 2026, 2:16 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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