Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended, Transformers and Rectifiers (India) has informed that it enclosed statement of utilization of funds raised through Initial Public Offering (IPO) for the quarter ended December 31, 2023. Further, it has confirmed that there is no deviation or variation in the utilisation of IPO proceeds from the objects stated in the prospectus dated August 17, 2023.
The above information is a part of company’s filings submitted to BSE.
