MARSONS LIMITED

Marsons Ltd has announced the resignation of Mr. Mohammad Tinku as Independent Director, effective July 16, 2026. He also ceases to be a member of the Audit, Nomination and Remuneration, Stakeholders Relationship, Risk Management, and CSR Committees. The company confirmed no material reasons for resignation beyond his letter. The Board has reconstituted these committees, appointing Mr. Surojit Ghosh as a member to replace Mr. Tinku. The resignation is effective from the close of business hours on July 16, 2026, while committee reconstitution is effective July 15, 2026.

Marsons Ltd announced the resignation of Mr. Mohammad Tinku as an Independent Director, effective July 16, 2026. Consequently, he will also step down from various board committees including Audit, Nomination and Remuneration, Stakeholders Relationship, Risk Management, and CSR. The company has confirmed there are no undisclosed material reasons for his resignation. The Board of Directors has reconstituted these committees, appointing Mr. Surojit Ghosh as a member to replace Mr. Tinku, effective July 15, 2026. The resignation and committee reconstitution are in compliance with SEBI Listing Regulations.

Marsons Ltd has announced receiving a significant purchase order from S. T. Electricals Pvt. Ltd. for the supply of 10 MVA Power Transformers. The order is valued at approximately ₹17,93,60,000.00 (including GST) and is expected to be executed within six months. This domestic order represents a notable business win for Marsons Ltd, contributing to its order book and revenue pipeline.

Marsons Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in compliance with SEBI regulations and the company's code of conduct for insider trading. The window will remain shut from July 1, 2026, until 48 hours after the announcement of the unaudited financial results for the quarter ended June 30, 2026. The exact date of the board meeting to approve these results will be communicated separately. All concerned individuals are advised against trading in the company's securities during this period.

Marsons Ltd has announced receiving a Letter of Award/Purchase Order worth INR 7.75 crores (approximately USD 8,20,000) from a US-based Solar Energy Developer. The order is for the supply of a 25 MVA Power Transformer to be installed in Hemet, California, USA. The execution of this international contract is expected within 14 months. This marks a significant business development for Marsons Ltd in the renewable energy sector, expanding its reach into the US market.

Marsons Ltd has announced receiving a significant order worth ₹33,18,85,730.00 (including GST) from Vikran Engineering Limited. The order is for the supply of various quantities of 17.6 MVA, 8.8 MVA, and 4.4 MVA Oil Cooled, Aluminium wound, Inverter Duty Transformers. These transformers are intended for the NTPC Renewable Energy Project. The order is domestic and is expected to be executed within 6 months. This contract represents a substantial business win for Marsons Ltd in the renewable energy sector.

Marsons Limited has announced receiving a significant order worth ₹9,48,36,600.00 (including GST) from West Bengal State Electricity Transmission Company Limited (WBSETCL). The order is for the "Repairing, Inspection and Testing of 50MVA, 132/33 KV Power Transformers including to & fro Transportation". The execution period for this domestic contract is estimated to be between 6 to 12 months. This order is expected to bolster the company's revenue and operational performance in the upcoming periods.

Anupriya Consultants Pvt. Ltd., a non-promoter entity, has disclosed the sale of 28,65,989 equity shares, representing 1.67% of the total shareholding, in Marsons Ltd. The disposal occurred through open market transactions between April 20, 2026, and June 01, 2026. Following the sale, Anupriya Consultants' stake in Marsons Ltd. has reduced from 8.59% to 6.93%. The total equity share capital of Marsons Ltd. is ₹17,21,00,000.

Marsons Ltd has announced receiving a Letter of Intent (LoI) worth ₹31,26,70,500.00 (including GST) from Assam Electricity Grid Corporation Limited. The order is for the supply of 132/33kV, 50MVA Power Transformers and related services for substations in Durlavcherra, Karimganj, and Srikona. The execution period for this contract is 12 months. This significant order is expected to bolster Marsons' revenue and market position in the power transformer sector.

Marsons Ltd's board meeting on May 22, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The board also approved the reappointment of internal and cost auditors for FY 2026-27. Additionally, the company approved the expansion of its product range to include 400 kV/500 MVA class power transformers, increasing annual manufacturing capacity from 12,000 MVA to 26,000 MVA.