Transformers And Rectifiers (India) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
TARIL · price
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Transformers And Rectifiers (India) Limited (TARIL) has secured an export order worth USD 16,645,724 (approximately ₹139 crore) from Jindal Energy Botswana Pty Ltd, an international entity. The order involves the manufacturing and supply of 12 transformers of various types, with delivery scheduled by the next financial year. The company clarified that the order is not a related party transaction and that its promoter/promoter group has no interest in the awarding entity. TARIL is the second-largest transformer manufacturer in India by capacity, with plants in Gujarat.
This is a positive development for shareholders as it adds a sizeable export order in hard currency (USD), boosting the company's order book and providing forex earnings. International orders strengthen TARIL's global footprint and may support revenue visibility for the coming financial year.