TARIL promoters declare no encumbrance on shares in FY26

1 min read     Updated on 13 Jun 2026, 12:57 AM
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Transformers & Rectifiers (India) Limited disclosed that its promoter group did not create any encumbrance on shares during FY26, complying with SEBI regulations. The declaration was submitted to the National Stock Exchange on April 07, 2026, by Jitendra U. Mamtora on behalf of the group.

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Transformers & Rectifiers (India) Limited confirmed that its promoter group did not create any encumbrance on the company's shares during the financial year ended 31 March, 2026. This disclosure ensures shareholders that the promoters' holdings remain free from new charges or pledges, barring those already reported. The declaration was submitted to the National Stock Exchange of India Limited on April 07, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing was made on behalf of the promoter and promoter group by Jitendra U. Mamtora. It explicitly states that no encumbrance was created directly or indirectly over the shares of Transformers & Rectifiers (India) Limited during FY26, other than those already disclosed under the relevant provisions of the regulations.

Promoter Group Details

The declaration covers the following members of the promoter and promoter group:

Sr. No. Details of Promoter/Promoter group of TARIL
1. Jitendra U. Mamtora
2. Satyen J. Mamtora
3. Karunaben J. Mamtora
4. Janki A. Kiri
5. Jitendra U. Mamtora HUF
6. Aakanksha S. Mamtora
7. Bipin U. Mamtora
8. Dilip U. Mamtora

The document was addressed to the National Stock Exchange of India Limited and copied to the Audit Committee and the Board of Directors of Transformers & Rectifiers (India) Limited.

Historical Stock Returns for Transformers & Rectifiers

1 Day5 Days1 Month6 Months1 Year5 Years
+4.86%-0.72%+0.43%+31.76%-38.63%+2,106.58%

How will this clean promoter holding status impact Transformers & Rectifiers' ability to secure future financing or credit facilities?

What are the company's strategic capital allocation plans for FY27 given the absence of new share encumbrances?

Could this move signal a potential increase in promoter stake or a reduction in existing pledged shares in the near term?

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Transformers and Rectifiers wins ₹228.26 crore GETCO order

0 min read     Updated on 23 May 2026, 02:32 PM
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Transformers and Rectifiers (India) Limited has secured a ₹228.26 crore order from Gujarat Energy Transmission Corporation Limited (GETCO) for manufacturing transformers and reactors. The order, awarded by a domestic entity, is scheduled for delivery on or before August 2028 and does not involve any related party transactions.

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Transformers and Rectifiers (India) Limited has announced that it has secured a significant order valued at ₹228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO). The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details

The order involves the manufacturing of transformers and reactors along with related work. The company stated that the order was awarded by a domestic entity and falls under the normal course of business, not constituting a related party transaction.

Particulars Details
Client Gujarat Energy Transmission Corporation Limited (GETCO)
Nature of Order Manufacturing of Transformers & Reactors
Scope 6 Nos. of Transformers and 2 Nos. of Reactors
Total Value ₹228.26 crore
Delivery Timeline On or before August 2028

The promoters, promoter group, and group companies do not hold any interest in the entity that awarded the order. The company has established itself as a leading manufacturer of transformers in the country and remains committed to delivering high-quality products and services.

Historical Stock Returns for Transformers & Rectifiers

1 Day5 Days1 Month6 Months1 Year5 Years
+4.86%-0.72%+0.43%+31.76%-38.63%+2,106.58%

How does this ₹228.26 crore GETCO order impact Transformers and Rectifiers India's overall order book, and what revenue recognition timeline can investors expect given the August 2028 delivery deadline?

With India's power transmission infrastructure expanding rapidly, how well-positioned is Transformers and Rectifiers India to capture additional large-scale orders from state transmission utilities beyond Gujarat?

Could this order signal increased capital expenditure by GETCO for grid modernization, and what further procurement opportunities might emerge from Gujarat's energy transmission sector?

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1 Year Returns:-38.63%