Marsons Limited has secured a purchase order valued at ₹18,88,00,000.00 (Eighteen Crores Eighty Eight Lakhs only, inclusive of GST) from Ram Taranga Solutions Pvt. Ltd. The order pertains to the supply of 100/125 MVA 220 kV Power Transformers and 16.8 MVA Inverter Duty Transformers. This development was disclosed by the company under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on 08.05.2026.

Order Details

The purchase order is a domestic contract awarded by Ram Taranga Solutions Pvt. Ltd. The company has confirmed that neither the promoter, promoter group, nor any group companies hold any interest in the awarding entity. Additionally, the order does not fall within the purview of related party transactions. The following table summarises the key parameters of the order:

Scope of Supply

The order encompasses the supply of two categories of transformers:

• 100/125 MVA 220 kV Power Transformer — a high-capacity transmission-grade transformer
• 16.8 MVA Inverter Duty Transformers — designed for inverter-based applications

The contract is classified as a domestic order and is to be executed within 6 months from the date of the purchase order.

Regulatory Disclosure

The disclosure was filed in compliance with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, as required under the applicable listing obligations. The intimation was signed by Uttara Sharma, Company Secretary (M. No. A48464), on behalf of Marsons Limited, and submitted to both BSE Limited and the National Stock Exchange of India Ltd. on 08.05.2026.

Marsons has announced a significant business development with the securing of a ₹15.38 crore order from Inox Solar Limited. This substantial contract involves the design and supply of power transformers across multiple capacity ranges, marking an important milestone for the company's power infrastructure business.

Order Details and Specifications

The comprehensive order encompasses transformers with three distinct capacity specifications, catering to diverse power transmission requirements. According to the company's regulatory filing under SEBI regulations, the order is valued at ₹15,38,34,500.00 including GST.

Regulatory Compliance and Transparency

Marsons Limited has disclosed this order win through proper regulatory channels, filing the announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this is a domestic order with no related party transactions involved, and neither promoters nor group companies have any interest in Inox Solar Limited.

Business Impact and Market Position

This order win reinforces Marsons' position in the power transmission and distribution sector. The contract demonstrates the company's technical capabilities in designing and manufacturing transformers across a wide range of capacities, from smaller 3.15 MVA units to larger 35 MVA transformers.

The partnership with Inox Solar Limited, a prominent player in the solar energy sector, aligns with the growing demand for power infrastructure supporting renewable energy projects. This collaboration highlights Marsons' ability to serve clients in the expanding clean energy market.

Strategic Significance

The diverse capacity range of transformers in this order showcases Marsons' versatility in meeting varied customer requirements. The inclusion of both smaller capacity units (3.15 MVA and 3.5 MVA) alongside a larger 35 MVA transformer indicates the company's comprehensive manufacturing capabilities and technical expertise across different power ratings. With an execution timeline of 3-6 months, the order is expected to contribute to the company's near-term revenue performance.