TRIL QIP Funds: Monitoring Agency Reports No Deviation for Q4 FY26

Transformers and Rectifiers (India) Ltd has submitted its Monitoring Agency Report for the quarter ended March 31, 2026, concerning the utilization of funds raised through a Qualified Institutional Placement (QIP). India Ratings and Research Private Limited, the monitoring agency, confirmed that no deviation from the stated objects of the QIP has been observed. The report, reviewed by the company's Audit Committee and based on management undertaking and a statutory auditor certificate, ensures compliance with SEBI regulations. The QIP, conducted from June 10-13, 2024, raised INR 5,000.00 Mn by issuing 75,18,796 equity shares at ₹665.00 each.