BSETGV Sraac LtdMediumNeutral
Announced Sat, 8 Nov · 16:12 IST

It is submitted that in the earlier communication to BSE regarding failure of transformer, the name of the supplier was mentioned inadvertently. Hence, this clarificatory submission to ....

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AI summary

TGV Sraac Ltd has clarified to BSE that in its earlier communication about a transformer breakdown at its Kurnool plant, the name of the supplier (Transformers and Rectifiers India Ltd, TARIL) was mentioned by mistake. The transformer was supplied in August 2015 with an 18-month warranty and has been running for nearly 10 years without issues. The breakdown was reported on October 11, 2025, well outside the warranty period, so the supplier bears no responsibility. The company is undertaking rectification on its own with help from another agency and calls such breakdowns a normal feature of wear and tear.

Likely market impact

This is a clarificatory filing and not a new operational event. No material financial impact is disclosed, and the company is framing the transformer failure as routine maintenance. Shareholders should note that any plant downtime from the breakdown is not quantified in this filing.