The order is scheduled to be executed within a period of 3-6 months. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the transaction does not qualify as a related-party transaction.

Marsons is engaged in the business of manufacturing, trading & servicing of transformer, transformer goods & other rental income.

The company's consolidated net profit rose 2.5% to Rs 6.48 crore on 4% increase in net sales to Rs 45.94 crore in Q3 FY26 over Q3 FY25.

The counter shed 0.83% to end at Rs 156 on the BSE.