Shares of Transformers and Rectifiers (India) are likely to remain in focus after the company announced that it has secured a major order worth ₹228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO).
According to the company’s regulatory filing submitted to both the BSE Limited and National Stock Exchange of India Limited on May 22, 2026, the order includes the manufacturing and supply of six transformers and two reactors along with related works.
The company stated that the contract has been awarded by a domestic entity and falls under the normal course of business. The execution timeline for the order extends up to August 2028, providing long-term revenue visibility for the company.
Transformers and Rectifiers (India) clarified that neither the promoter group nor group companies have any interest in the awarding entity. Additionally, the company confirmed that the transaction does not qualify as a related-party transaction.
This latest win further strengthens TARIL’s position in India’s growing power transmission and infrastructure sector. With increasing investments in grid expansion, renewable energy integration, and transmission modernization, demand for transformers and related power equipment continues to rise across the country.
The company stated that the contract has been awarded by a domestic entity and falls under the normal course of business. The execution timeline for the order extends up to August 2028, providing long-term revenue visibility for the company.
Transformers and Rectifiers (India) clarified that neither the promoter group nor group companies have any interest in the awarding entity. Additionally, the company confirmed that the transaction does not qualify as a related-party transaction.