Marsons Ltd Secures Order from FTC Solar Inc for Transformers
Filing Summary
Marsons Ltd has received a purchase order valued at INR 5,74,08,750 (USD 6,37,875) from FTC Solar Inc, USA. The order involves the supply of various ratings of pad-mounted transformers. The contract is to be executed within six months. There are no related party transactions involved, and the promoter group has no interest in FTC Solar Inc. This transaction is in compliance with SEBI regulations.
Marsons Ltd has announced the receipt of a purchase order from FTC Solar Inc, USA. The order is valued at INR 5,74,08,750 (USD 6,37,875) and involves the supply of various ratings of pad-mounted transformers. The order is to be executed within a period of six months.
The transaction is classified as an international order, and there are no significant terms and conditions disclosed in the filing. The filing confirms that there are no related party transactions, and the promoter or promoter group has no interest in FTC Solar Inc.
FTC Solar Inc is a company engaged in the solar energy sector, focusing on providing solar tracking systems and solutions. The company is involved in the development and deployment of solar technology to enhance energy efficiency and sustainability.
Marsons Ltd specializes in the manufacturing and supply of transformers and related electrical equipment. The company focuses on expanding its market reach and enhancing its product offerings in the electrical industry. Marsons Ltd continues to engage in strategic transactions to strengthen its position in the international market.