Marine Electricals (India) Limited
Marine Electricals (India) Limited is an integrated technical services provider in the fields of electrical automation and information and communication technology solutions.
What Marine files
- Others52
- New Orders47
- Important14
- Updates12
- Board Meeting8
- Dividend/Bonus5
Marine Electricals' manufacturing business accounts for 100% of turnover, serving diverse clients including government and PSUs. Exports represent 4.63% of turnover. The company has 709 permanent employees and 386 permanent workers. Turnover was ₹7,469.37 Cr and net worth ₹4,559.40 Cr.
Marine Electricals (MARINE) has converted its subsidiary partnership, Narhari Engineering Works, into a private limited company, now called MEL Heavy Industries Pvt Ltd. This move formalizes the structure of the subsidiary, which manufactures electric motors and pumps. **Impact:** A strategic step to streamline governance and support future growth for a...
**Marine Electricals (MARINE) just converted its subsidiary, Narhari Engineering Works, into a private limited company!** It's now called MEL Heavy Industries Private Limited. **What happened:** This isn't an acquisition, but a corporate restructuring to formalize an existing unit. No new capital was involved in the conversion. **Investor Impact:** This move...
Marine Electricals (India) Limited (MARINE) has issued a press release concerning its financial results for the quarter and nine months. Investors should monitor the full details for performance updates.
Marine Electricals is providing a convertible loan of up to Rs 5.5 Cr to its 91.74% subsidiary, Evigo Charge. This capital infusion will support Evigo's working capital needs and offers Marine future equity conversion potential.