Transformers And Rectifiers (India) Limited Secures Export Order Worth USD 16,258,352
Transformers And Rectifiers (India) Limited has secured a substantial export order, demonstrating its continued standing as a manufacturer of transformers. The company announced the receipt of an export order valued at USD 16,258,352/-, equivalent to approximately Rs. 150 Crore.The order was awarded by PDC AK LPIV, LLC, solidifying the company's presence in the international market. The contract involves the manufacturing and supply of five transformers.
Key details regarding the order awarded by the international entity are presented below:
| Particulars | Details |
|---|---|
| Name of the awarding entity | PDC AK LPIV, LLC |
| Order Value (Broad consideration) | USD 16,258,352/- (approx. Rs. 150 Crore) |
| Nature of Order | Manufacturing of Transformers and related work |
| Products Involved | 5 Transformers |
| Order Origin | International Entity |
| Estimated Delivery Time | Transformers are scheduled for delivery by mid-2027 |
| Promoter Interest | The Promoter / Promoter Group/ Group companies do not have any interest in this entity |
The order falls under the normal course of business and is not categorized as a related party transaction.
Transformers And Rectifiers (India) Limited reaffirmed its commitment to delivering high-quality products and services, positioning itself as a leading transformer manufacturer in the country.
TARIL Stock Price Movement
Shares of Transformers and Rectifiers (India) Limited are edging higher to ₹329.4 as of 9:20 AM today, gaining 1.84% or ₹5.95 in live trading. The equity is showing active interest, trading today on a volume of 31,852 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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