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:

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.

Marsons Limited has announced a major business development with the receipt of a substantial purchase order from LC Infra Projects Private Limited. The order, valued at ₹99.12 crores including GST, represents a significant addition to the company's order book and reinforces its position in the power transmission equipment sector.

Order Details and Specifications

The contract involves the supply of high-capacity power transformers specifically designed for extra high voltage applications. The order specifications include:

Contract Structure and Compliance

The company has confirmed that this order represents a purely commercial transaction with no complications regarding related party interests. Key compliance aspects include:

• No promoter or promoter group companies have any interest in LC Infra Projects Private Limited
• The contract does not fall within the purview of related party transactions
• The order has been awarded by a domestic entity, supporting the company's local market presence

Strategic Significance

This order demonstrates Marsons Limited's capability in manufacturing high-capacity power transformers for critical infrastructure projects. The 132kV class EHV transformers are essential components in power transmission networks, indicating the company's technical expertise in handling complex electrical equipment requirements.

The substantial order value of ₹99.12 crores reflects the company's ability to secure significant contracts in the competitive power equipment market. Such orders typically involve stringent technical specifications and quality requirements, highlighting the company's manufacturing capabilities and market reputation.

Regulatory Disclosure

Marsons Limited made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders regarding material developments. The disclosure follows the prescribed format under SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015, providing comprehensive details about the order terms and conditions.