Transformers and Rectifiers wins ₹228.26 crore GETCO order

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.50%	+1.90%	-6.81%	+1.92%	-37.92%	+2,388.78%

Transformers and Rectifiers (India) Limited has announced the results of its postal ballot regarding the re-appointment of Mr. Rajendra S. Shah as an Independent Director. The company conducted the e-voting process pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 110 of the Companies Act, 2013.

Postal Ballot Outcome

The special resolution to re-appoint Mr. Rajendra S. Shah (DIN: 00061922) was passed with the requisite majority. The appointment is for a second term of five years, commencing on May 25, 2026, and concluding on May 24, 2031. The scrutinizer's report confirmed that the resolution received approval from the members.

Voting Details

The e-voting process was open from April 23, 2026, until May 22, 2026. A total of 216,141,085 votes were polled, representing 72.01% of the outstanding shares. The resolution secured strong support across various shareholder categories, with the public non-institutions voting overwhelmingly in favour.

Shareholder Category	Votes Polled	Votes In Favour	Votes Against	% In Favour
Promoter and Promoter Group	164,677,636	164,677,636	0	100.00
Public - Institutions	22,597,532	6,638,383	15,959,149	29.38
Public - Non Institutions	28,865,917	28,846,684	19,233	99.93
Total	216,141,085	200,162,703	15,978,382	92.61

Key Meeting Information

The record date for determining eligibility was April 17, 2026. Tapan Shah, Practicing Company Secretary, served as the scrutinizer for the postal ballot process. The detailed results and the scrutinizer's report have been uploaded to the company's website.