Transformers and Rectifiers (India) Limited has announced the acquisition of a significant order valued at ₹228.26 crore from Gujarat Energy Transmission Corporation Limited (GETCO).
This development underscores the company's continued prominence in the transformer manufacturing sector.
The order secured by Transformers and Rectifiers (India) Limited involves the manufacturing of 6 transformers and 2 reactors.
This contract has been awarded by a domestic entity, GETCO, and is part of the company's ongoing efforts to deliver high-quality products within the stipulated timeline.
The delivery of these transformers and reactors is scheduled for completion by August 2028, ensuring a structured timeline for execution.
The order falls under the normal course of business and does not constitute a related party transaction.
This order from GETCO highlights the trust and reliance placed on Transformers and Rectifiers (India) Limited's capabilities.
The company has established itself as a leading manufacturer in the industry, consistently delivering quality products.
Transformers and Rectifiers (India) Limited remains committed to maintaining high standards in manufacturing.
The company has no promoter or group company interest in GETCO, ensuring a transparent and straightforward business transaction.
As of May 22, 2026, at 9:29 AM, Transformers and Rectifiers share price on NSE was trading at ₹313.50 up by 2.45% from the previous closing price.
The acquisition of this ₹228.26 crore order from GETCO by Transformers and Rectifiers (India) Limited is a testament to its robust position in the transformer manufacturing industry. The company continues to uphold its commitment to quality and timely delivery.
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Published on: May 22, 2026, 10:07 AM IST
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