Marsons Ltd Secures Rs. 25 Crore Order from Galaxy Solar Energy
Filing Summary
Marsons Ltd has received a Letter of Award/Purchase Order valued at Rs. 25 Crore from Galaxy Solar Energy Pvt. Ltd. The order involves the supply of 72 IDT Transformers of various ratings. The contract is domestic and is expected to be executed within six months. There is no interest from the promoter group in the awarding entity, and the transaction does not qualify as a related party transaction.
Marsons Ltd has announced the receipt of a Letter of Award/Purchase Order worth Rs. 25 Crore from Galaxy Solar Energy Pvt. Ltd. The order pertains to the supply of 72 units of various ratings of IDT Transformers. The transaction is domestic, and the execution period is set at six months.
The order does not involve any interest from the promoter or promoter group in the awarding entity. Additionally, the transaction does not fall under related party transactions.
Galaxy Solar Energy Pvt. Ltd. is engaged in the solar energy sector, focusing on renewable energy solutions. The company is involved in projects that enhance sustainable energy production.
Marsons Ltd specializes in the manufacturing and supply of transformers and related electrical equipment. The company focuses on expanding its market presence through strategic contracts and partnerships in the energy sector.