Transformers And Rectifiers India Wins ₹228.26 Crore Order; Shares Rise 2.25%

Mumbai, May 22: Transformers and Rectifiers (India) Ltd said it has secured an order worth ₹228.26 crore from Gujarat Energy Transmission Corporation Ltd (GETCO).

The company disclosed in a regulatory filing that the order involves manufacturing and supply of six transformers and two reactors.

According to the exchange disclosure, the contract has been awarded by a domestic entity and falls under the normal course of business. The company also clarified that the promoter group does not have any interest in the awarding entity and the transaction is not related-party in nature.

As per the filing, the transformers and reactors are scheduled for delivery on or before August 2028.

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stock Market Snapshot

TARIL share price rose 2.25% to ₹312.90 on the NSE as of 10:10 AM IST on May 22, 2026.

The stock gained ₹6.90 during the session against the previous close of ₹306.00, according to exchange data.

Investor sentiment remained positive following the order announcement, which strengthens the company’s execution pipeline in the power transmission equipment segment.

Company Background

Transformers and Rectifiers (India) Ltd manufactures transformers and reactors catering to utilities, power generation companies and industrial customers.

The company operates in the electrical equipment and power infrastructure segment with product offerings spanning distribution transformers, power transformers and associated transmission equipment.

According to the company filing, TARIL has established itself as a domestic transformer manufacturing player supplying products for transmission and grid infrastructure projects.

Conclusion

The ₹228.26 crore GETCO order adds to Transformers and Rectifiers India’s order book visibility through August 2028.

The contract further strengthens the company’s positioning in India’s transmission infrastructure sector amid continued investment in grid expansion and power evacuation projects.

Source:

• https://www.nseindia.com/get-quote/equity/TARIL/Transformers-And-Rectifiers-(India)-Limited
• https://nsearchives.nseindia.com/corporate/TRIL_22052026085551_IntimationOrder22052026GETCO.pdf