Transformers & Rect.

** Shares of Transformers and Rectifiers (India) TRNF.NS rise as much as 7.69% to 326.95 rupees; last up 2.77% at 312 rupees

** Indian power transformer manufacturer secures order from Nuclear Power Corporation of India (NPCIL) in southern state of Karnataka

** Project part of India's 700 MWe pressurised heavy water reactors programme

** ICICI Direct Research says order win strengthens TRNF’s multi-year revenue visibility and order inflow momentum, while entry into nuclear power expands its addressable market into a high value, specialised segment

** Brokerage says nuclear opportunity provides an additional growth avenue for co’s high-voltage transformer capabilities

** Stock up 9.40% YTD

(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: [email protected]))

Transformers and Rectifiers (India) secured its first order in the nuclear-power sector from Megha Engineering and Infrastructures Ltd for generator transformers for NPCIL’s Kaiga Units 5 and 6 in Karnataka. The project covered two indigenous 700 MWe pressurised heavy-water reactors and had a combined planned capacity of 1,400 MW. TARIL had a pan-India transformer business serving utilities, railways, renewables, transmission and distribution, data centres and industrial customers. It reported about ₹1,850 crore of gross revenue in FY24, with exports accounting for 13.1% of turnover.

Powered by Tijori

Transformers & Rectifiers (India) received a purchase order from Megha Engineering and Infrastructures Ltd (MEIL) to manufacture transformers and undertake related work. The company classified the contract as a large order worth ₹100 crore to ₹500 crore, excluding GST, with deliveries scheduled over the next 35 months.

Powered by Tijori

Transformers and Rectifiers (India) approved the incorporation of a UK subsidiary, Maxwell Grid Transformers (UK) Private Limited, with 51% control and a planned investment of £10 million across equity, debt, guarantees or other permitted instruments. The subsidiary will manufacture and repair transformers, distribute TARIL products and trade in transformer components; the board also approved reallocating unutilised proceeds from the June 2024 QIP, subject to shareholder approval by postal ballot.

Powered by Tijori

Aug 27 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS (INDIA) - APPROVES INCORPORATION OF SUBSIDIARY IN UNITED KINGDOM

Source text: ID:nBSE1zkwz7

Further company coverage: TRNF.NS

(([email protected];))

Transformers & Rectifiers received a letter of intent from Transmission Corporation of Andhra Pradesh for the manufacture of transformers and related work. The company classified the award as a Large Order, valued under its policy at ₹100 crore to ₹500 crore excluding GST, with delivery scheduled over the next 13 months. The company’s order book stood at ₹6,630 crore in June 2026, following ₹2,114 crore of order inflow in the first quarter of FY27. That quarter’s inflow included an ultra-mega order of more than ₹1,000 crore from Power Grid Corporation of India.

Powered by Tijori

BENGALURU, July 20 (Reuters) - Diary of India economic, corporate events on July 20

ECONOMIC, CORPORATE .BSE500 EVENTS:

NTS - 'No time scheduled'

(Compiled by Bengaluru Newsroom)

(([email protected]))

Transformers & Rectifiers (India) has received notifications of award from Power Grid Corporation of India Limited for an 'Ultra Mega Order' to manufacture transformers and associated work. The company's internal classification defines Ultra Mega Orders as those valued at ₹1,000 crore and above, making this the largest disclosed contract in recent history. Deliveries are scheduled over the next 30 months. Power Grid is the central transmission utility of India and has no promoter or group company interest in the transformer manufacturer. The order falls within the ordinary course of business and does not constitute a related-party transaction.

Powered by Tijori

May 22 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES ORDER WORTH 2.28 BILLION RUPEES

Source text: ID:nBSE4DWb0L

Further company coverage: TRNF.NS

(([email protected];))

May 19 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES ORDER WORTH 1.75 BILLION RUPEES

Source text: ID:nBSEbzJXM7

Further company coverage: TRNF.NS

(([email protected];))

April 27 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS (INDIA) LTD - GETS ORDER WORTH $16.2 MILLION

Source text: ID:nnAZN4SSSIA

Further company coverage: TRNF.NS

(([email protected];;))

** Shares of Transformers and Rectifiers (India) TRNF.NS fall as much as 11.5% to 295 rupees, last down 9%

** Stock set for its worst day in more than three months, if losses hold

** Power equipment maker's Q4 profit falls 5.2% Y/Y; rev from ops rises ~16%

** Over 9.8 mln shares traded so far, 2.2x the 30-day avg

** Stock up 6.9% YTD

(Reporting by Brijesh Patel in Bengaluru)

(([email protected]; Ph no. +91 9590227221;))

March 5 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• NAMES MEHUL SHAH AS CFO

• CHANCHAL S S RAJORA RESIGNS AS CFO

Further company coverage: TRNF.NS

(([email protected];;))

** Shares of Transformers and Rectifiers (India) Ltd TRNF.NS rise as much as 5.4% to 316 rupees, highest since Jan 8
** Reuters reported Indian government has eased restrictions on procurement of critical power transmission equipment from China for government contracts
** This is the first significant easing of 5-year-old curbs that shut Chinese firms out of India's government contract market
** TRNF shares are up 27% in February so far, on course for its best showing in 11 months
** More than 11.8 mln shares traded as of 1:58 p.m. IST, 1.5x their 30-day moving avg
** TRNF last up 2.8%, adding to YTD gains of 5.1%

(Reporting by Meenakshi Maidas, Bharath Rajeswaran in Bengaluru)

(([email protected];))

** Shares of Transformers and Rectifiers (India) rise 9.2% to 335.8 rupees, highest level since mid-Nov.

** Over 228,000 shares traded in a block deal at 335.45 rupees/shr, a 9% premium to yesterday's close, according to LSEG data

** More than 36.6 mln shares traded so far, over 4x the 30-day avg

** In 2025, stock fell nearly 50%

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

July 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS (INDIA) LTD - APPOINTS MUKUL SRIVASTAVA AS CEO EFFECTIVE JULY 8, 2025

Source text: ID:nBSE1ypQgt

Further company coverage: TRNF.NS

(([email protected];;))

June 20 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS (INDIA) LTD - SECURES EXPORT ORDER OF USD 16.6 MILLION

Source text: ID:nNSE30YCKH

Further company coverage: TRNF.NS

(([email protected];))

** Shares of Transformers and Rectifiers (India) TRNF.NS up 5% to 518.7 rupees

** Power transformers maker reports more than doubled Q4 profit at 941.7 mln rupees ($10.88 mln)

** Revenue up 31.9% at 6.76 bln rupees

** Co beats Nuvama Institutional Equities' PAT estimates by 13%

** Order inquiries surged to 220 bln rupees vs 170 bln rupees at start of the year displaying robust ordering momentum - Nuvama

** More than 3.3 mln shares traded, 2.5x its 30-day moving avg

** TRNF trims YTD losses to about 9%

($1 = 86.5925 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

April 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS MARCH-QUARTER CONSOL NET PROFIT 941.7 MILLION RUPEES

• TRANSFORMERS AND RECTIFIERS MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.76 BILLION RUPEES

Further company coverage: TRNF.NS

(([email protected];))

March 17 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• SECURES 7.26 BILLION RUPEES ORDER

Source text: ID:nBSEb04j3w

Further company coverage: TRNF.NS

(([email protected];;))

** Shares of Transformers and Rectifiers (India) TRNF.NS rise 5%, the upper limit of exchange-allowed trading band, to 385.80 rupees

** Co wins order worth 1.66 bln rupees ($19.1 mln) for manufacturing of single phase transformers

** More than 359,000 shares traded as of 9:57 a.m. IST, over half of the stock's 30-day avg

** Stock trims YTD losses to 35.5%

($1 = 86.9080 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected];))

Feb 18 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• SECURES ORDERS WORTH 1.66 BILLION RUPEES

Source text: ID:nBSEbmXKKD

Further company coverage: TRNF.NS

(([email protected];;))

Jan 28 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• GOT ORDERS WORTH 3.62 BILLION RUPEES

Source text: ID:nBSE3nXPVn

Further company coverage: TRNF.NS

(([email protected];;))

Jan 8 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS (INDIA) DEC-QUARTER CONSOL NET PROFIT 547.3 MILLION RUPEES

• TRANSFORMERS AND RECTIFIERS (INDIA) DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 5.59 BILLION RUPEES

Source text: ID:nBSE141zBx

Further company coverage: TRNF.NS

(([email protected];))

Dec 4 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• TRANSFORMERS AND RECTIFIERS - TO TRANSFER CONTROLLING STAKE IN POSCO POGGENAMP ELECTRICAL STEEL

• TRANSFORMERS AND RECTIFIERS - TO ACQUIRE CONTROLLING STAKE IN POSCO POGGENAMP

Further company coverage: TRNF.NS

(([email protected];))

** Shares of Transformers and Rectifiers (India) TRNF.NS rise as much as 5%, the exchange-allowed upper limit, to 674.10 rupees

** The electrical equipment co reported a Q2 consolidated net profit of 452.5 mln rupees ($5.39 mln) vs 16.1 mln rupees profit yr ago

** Adds, rev from ops jumped ~80% Y/Y to 4.62 bln rupees

** Stock up 191.4% YTD; on track for fifth straight yearly rise, if gains hold

($1 = 83.9250 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

** Shares of Transformers and Rectifiers (India) TRNF.NS rise 4.5% to 680 rupees

** The electrical equipment co says it won orders worth 5.65 bln rupees ($67.3 mln)

** Order for manufacturing of transformers and reactors

** Stock set to gain for a third consecutive session, if trend holds

** Stock gained 193% YTD

($1 = 83.9310 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

** Shares of Transformers and Rectifiers (India) TRNF.NS rise as much as 4.5% to 695 rupees

** TRNF says it has won order worth 1.14 bln rupees ($13.6 mln)

** Stock on track to snap five consecutive session of loss, if trend holds

** Trading vol 0.7x the 30-day daily avg

** Stock down 3.8% so far this week, set for third straight weekly loss

** Stock last up 2.9%, bumping YTD gains to 195.9%

($1 = 83.8880 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

(([email protected] (+91 7982114624))

Aug 30 (Reuters) - Transformers and Rectifiers (India) Ltd TRNF.NS:

• GETS ORDERS WORTH 2.52 BILLION RUPEES

Source text for Eikon: ID:nBSE3ZZGHZ

Further company coverage: TRNF.NS

(([email protected];;))

** Shares of Transformers and Rectifiers (India) TRNF.NS up 1.3% to 729.85 rupees

** Power transformers-maker says it received orders worth $14 mln from Linxon Global Sweden

** Stock set to end three-day losing run

** However, it is on track to end August with a decline after five months of gains

** TRNF up 3.2x YTD, vs ~72% climb in rival Siemens SIEM.NS

(Reporting by Varun Vyas in Bengaluru)

(([email protected]))