Transformers & Rectifiers (India) Limited has fixed September 18, 2026, as the record date for determining shareholders eligible to receive the proposed final dividend of ₹0.25 per equity share. The company will hold its 32nd Annual General Meeting on September 21, 2026.

The Board of Directors had previously proposed this dividend for the financial year ended March 31, 2026. The payout represents a 25% return on equity shares with a face value of ₹1 each. Payment will be made electronically to members who have updated their bank details with their Depository Participants or the Registrar and Transfer Agent.

Key Dates and Logistics

The AGM will be conducted through Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars. Shareholders holding shares as on the record date of September 14, 2026, are eligible to vote in the meeting. The remote e-voting period commences on September 18, 2026, and concludes on September 20, 2026.

Shareholders must submit tax exemption forms, such as Form 15G/15H, by September 21, 2026, to avoid Tax Deductible at Source deductions. For resident individuals without a valid PAN updated in company records, TDS will be deducted at 20% regardless of the dividend amount. The register of members will remain closed from September 19, 2026, to September 21, 2026.

Board Reappointment

Members will consider the reappointment of Mr. Satyen J. Mamtora as a director retiring by rotation. Mr. Mamtora holds a Diploma in Electrical Engineering and has been associated with the organization since its inception. He currently spearheads the production and marketing division.

Mr. Mamtora attended six Board meetings during FY26. He holds 28,512,824 shares in the company. His relatives, Mr. Jitendra U. Mamtora (Chairman and Whole Time Director) and Mrs. Karuna J. Mamtora (Executive Director), serve in key leadership roles within the organization.

Cost Auditor Ratification

The special business includes ratifying the remuneration payable to M/s Ankit Kushal & Associates for conducting the cost audit for the financial year ending March 31, 2027. The Board approved a remuneration of ₹1,25,000 plus taxes and reimbursement based on the Audit Committee's recommendation.

No directors or Key Managerial Personnel have any financial interest in this resolution.

Transformers & Rectifiers India secured a generator transformer contract from Nuclear Power Corporation of India Limited (NPCIL) for Kaiga Nuclear Units 5 & 6, marking the company's entry into India's 1,400 MW nuclear power expansion programme.

Contract details

The contract covers the supply of generator transformers for Kaiga Nuclear Units 5 & 6, awarded by NPCIL. The win positions Transformers & Rectifiers as a supplier to one of India's active nuclear capacity addition projects under the 1,400 MW expansion.

Significance of the order

The contract represents Transformers & Rectifiers' entry into the nuclear power segment, a sector that demands high-specification electrical equipment and stringent quality standards. NPCIL's Kaiga project is part of India's broader push to expand domestic nuclear generation capacity.