Transformers and Rectifiers (India) Limited Board Updates Authorization for Materiality Determination and Disclosures

Transformers and Rectifiers (India) Limited has formally updated the list of Key Managerial Personnel (KMPs) authorized to determine the materiality of events and make required disclosures to the stock exchanges. This update, issued on March 5, 2026, includes the addition of Mr. Mehul Shah, Chief Financial Officer, to the existing authorized KMPs, ensuring compliance with regulatory requirements.

Board Approves Update to Authorized KMPs

In compliance with regulatory guidelines, the Board of Directors of Transformers and Rectifiers (India) Limited has authorized an expansion of the group responsible for determining the materiality of corporate events and executing necessary disclosures to the stock exchanges. This decision was formalized in a communication dated March 5, 2026.

New Authorization for Disclosure Determinations

The primary update is the formal authorization granted to Mr. Mehul Shah, the company’s Chief Financial Officer, to act alongside the existing KMPs for the purpose of determining event materiality and fulfilling disclosure obligations.

Updated List of Authorized Key Managerial Personnel

The complete list of KMPs now jointly authorized by the Board includes:

  • Mr. Jitendra U. Mamtora: Chairman and Whole Time Director
  • Mr. Satyen J. Mamtora: Managing Director & CEO
  • Mr. Mehul Shah: Chief Financial Officer (newly added)
  • Mr. Rakesh Kiri: Company Secretary and Compliance Officer

The company confirmed that the contact details for all these authorized KMPs are maintained and accessible on the company’s official website, www.transformerindia.com, for necessary coordination and reference.

Source: BSE

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