Transformers and Rectifiers (India) (TRIL) has received an approval to raise funds up to Rs 250 crore through issuance of equity shares, and/or equity linked securities and/or securities convertible into equity shares through Qualified Institutional Placement (QIP) or preferential allotment. The Board of Directors of the company at their meeting held on August 3, 2018, approved the same.
TRIL is one of India’s leading transformer manufacturers. The company is the main supplier of transformers to the Sardar Sarovar hydel project, state electricity boards and major international clients.
