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) Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The filing, dated August 29, 2026, discloses key environmental, social, and governance (ESG) metrics for the standalone entity.

The company engaged Bureau Veritas (India) Private Limited to provide reasonable assurance on selected non-financial disclosures. The report highlights a 60% reduction target in greenhouse gas (GHG) intensity by March 2030 and a 100% reduction in Scope 2 emissions by the same date.

Environmental Performance

The company generated 4023.04 GJ of energy from renewable sources in FY26, up from 3444.54 GJ in FY25. Total energy consumption stood at 70785.52 GJ. A 1 MW rooftop solar system at the Moraiya plant, operational since June 2024, contributed to avoiding an estimated 793 tCO2e emissions.

Water withdrawal increased to 21112 kilolitres (kL) from 14541 kL in the prior year, primarily driven by groundwater and third-party sources. The company treated 8199 kL of wastewater through Sewage Treatment Plants (STPs), reusing it for landscaping to support circular water management.

Social and Governance Metrics

Total workforce comprised 498 employees and 1653 workers as of March 31, 2026. Female representation on the Board of Directors was 33.33%, with two women among six directors. The company reported zero fatalities among employees but recorded one fatality among workers during the year.

Turnover rates for permanent employees were 25.15%, while permanent worker turnover declined to 2.45% from 4.36% in FY25. The company spent ₹2,26,34,709 on Corporate Social Responsibility (CSR) activities, focusing on education and skill development.

What the Numbers Show

The divergence between renewable energy growth and total energy consumption indicates that while clean energy adoption is accelerating, it currently offsets only a small fraction of overall usage. Renewable sources accounted for approximately 5.7% of total energy consumed in FY26, suggesting significant headroom for decarbonization relative to the stated 2030 targets.