Marsons Limited Secures ₹5.74 Crore International Order for Pad-Mounted Transformers

Marsons Limited has announced a significant international order win, securing a contract worth ₹5.74 crores from a US-based solar company. The electrical equipment manufacturer disclosed this development to the stock exchanges on December 26, 2025, under regulatory compliance requirements.

Order Details and Specifications

The company has received a Letter of Award/Purchase Order from FTC Solar Inc, USA, for the supply of various ratings of pad-mounted transformers. The contract represents a substantial business opportunity for Marsons in the international market.

Parameter:	Details
Order Value:	₹5,74,08,750.00 (USD 6,37,875)
Client:	FTC Solar Inc, USA
Product Type:	Pad-Mounted Transformers (Various Ratings)
Market Type:	International
Transaction Nature:	Arms Length (Non-Related Party)

Business Significance

This order marks an important milestone for Marsons Limited in expanding its international footprint, particularly in the US solar energy sector. The contract involves the supply of pad-mounted transformers, which are essential components in solar power installations and electrical distribution systems.

Regulatory Compliance

The company has confirmed that this order does not fall within related party transactions and is being executed at arms length. Marsons Limited and its group companies have no interest in FTC Solar Inc, ensuring complete transparency in the business relationship.

Company Operations

Marsons Limited, based in Kolkata with operations at Maheshtala, specializes in electrical equipment manufacturing. The company operates under the CIN L31102WB1976PLC030676 and trades on the Bombay Stock Exchange under the symbol MARSONS. This latest order reinforces the company's capabilities in manufacturing specialized electrical equipment for international markets.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.43%	+1.33%	-4.76%	-21.47%	-30.51%	+2,071.43%

Marsons Limited has officially announced securing a substantial purchase order worth ₹25.03 crores from Galaxy Solar Energy Private Limited, as disclosed in its regulatory filing under SEBI Listing Regulations. The order encompasses the supply of 72 Inverter Duty Transformers (IDT) of various ratings, marking a significant business development for the electrical equipment manufacturer.

Official Order Details

The comprehensive order details as disclosed in the company's regulatory filing highlight the scale and importance of this business win:

Parameter	Details
Order Value	₹25.03 crores (including GST)
Client	Galaxy Solar Energy Pvt. Ltd.
Product Type	IDT (Inverter Duty Transformers)
Quantity	72 units of various ratings
Order Type	Domestic
Transaction Nature	Arms-length, non-related party

Regulatory Compliance and Disclosure

Marsons Limited made the announcement through its Company Secretary Uttara Sharma in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure confirms that the order does not involve any related party transactions and has been awarded by a domestic entity.

Strategic Significance for Renewable Energy Sector

This order represents Marsons' growing presence in the renewable energy infrastructure space. Inverter Duty Transformers are critical components in solar power installations, designed to handle the specific electrical characteristics of solar inverters. The substantial quantity of 72 units indicates a large-scale solar project being undertaken by Galaxy Solar Energy.

Business Impact and Market Position

The ₹25.03 crore order adds significant value to Marsons' order book and demonstrates the company's manufacturing capabilities in specialized electrical equipment. This development reinforces Marsons' position as a key player in the capital goods electrical equipment sector and showcases its expertise in manufacturing IDT transformers for India's expanding renewable energy infrastructure.