Transformers and Rectifiers (India) Limited has issued a clarification regarding a transformer supplied to TGV SRAAC Limited in August 2015. The transformer experienced an issue recently, and the company has clarified that the transformer was out of warranty. The company submitted a rectification offer on October 13, 2025. The company maintains that this event is not considered a material event.
Transformer Issue Clarification
Transformers and Rectifiers (India) Limited (TARIL) has addressed concerns regarding a transformer supplied to TGV SRAAC Limited (TGV). The clarification follows media reports regarding an issue with the equipment.
Details of the Transformer
The transformer was initially supplied to TGV in August 2015 and was under warranty for 18 months. Following the warranty period, the transformer functioned for almost 10 years without any issues.
Recent Developments
TGV reported a problem with the transformer on October 11, 2025. TARIL’s engineer inspected the site on October 12, 2025. A rectification offer was submitted to TGV on October 13, 2025, as the transformer was out of warranty. TGV has yet to respond to the offer, and the cause of the problem will be known upon repair. TARIL emphasizes its commitment to service.
Material Event Status
TARIL clarifies that the aforementioned transformer issue is not considered a material event for the company.
Source: BSE