Marine Electricals (India) Limited has announced the receipt of new orders totaling ₹7.91 crores (excluding taxes) from STT Global Data Centres India Private Limited. These orders are for the supply of power distribution systems. The delivery of the ordered goods is scheduled to be completed within a period of 6 to 9 months from the receipt of the order. The company has clarified that none of its Promoters or Promoter Group have any interest in these orders, and the contract does not fall under related party transactions. This disclosure is being made as part of the company's commitment to good corporate governance.
