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

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

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