Marine Electricals Share Price in Focus; Secures ₹229 Crore Order From Digital Edge DC

Marine Electricals (India) Limited has received orders worth ₹229.73 crore from Digital Edge DC (India) Private Limited. The order value excludes taxes, according to the company's regulatory filing dated September 1, 2026.  

The orders are for the supply of power distribution systems. Marine Electricals has not disclosed a further breakdown of the order value or details of the systems to be supplied. 

Execution Scheduled Over 15 Months 

The company said the delivery of goods under the orders is expected to be completed over a period of 15 months. The filing does not specify the commencement date for the delivery schedule or provide details on the execution milestones. 

The ₹229.73 crore figure represents the total value of the orders received from Digital Edge DC (India) Private Limited, excluding applicable taxes.  

No Related-Party Transaction 

Marine Electricals said none of its promoters or members of the promoter group have any interest in the work covered under the orders. It also stated that the contract does not fall within the scope of related-party transactions.  

The filing was signed by Company Secretary and Compliance Officer Deep Shah. 

Read More: Aurobindo Pharma Share Price in Focus; Subsidiary Apitoria Incorporates Avogent Lifesciences! 

Marine Electricals (India) Share Price Performance  

As of September 1, 2026, 1:08 pm, Marine Electricals (India) share price was trading at ₹428.55, up 6.91% from the previous closing price. 

Conclusion 

Marine Electricals has disclosed orders worth ₹229.73 crore for supplying power distribution systems to Digital Edge DC (India), with delivery scheduled to be completed within 15 months. 

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