NSECredit Rating13 Jul 2026 · 13 Jul 2026, 09:16 pm
Credit Rating
Transformers And Rectifiers (India) Limited · TARIL
✦ AI SummaryRating Change
Transformers And Rectifiers (India) Limited has informed the Exchange about the affirmation of its Bank Loan Facilities credit rating by India Ratings and Research (Ind-Ra) at 'IND A+', with a Stable outlook.
Analysis Scores
Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Transformers And Rectifiers (India) Limited has informed the Exchange about Credit Rating
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Date: 13th July, 2026
Ref: TARIL/SECT/2026-27/NSE-BSE/COMPL/022
To, To,
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G,
Dalal Street, Bandra - Kurla Complex,
Mumbai - 400 001 Bandra (E), Mumbai - 400 051
Security Code : 532928 Trading Symbol : TARIL
Dear Sir/Madam,
Sub: External Credit Rating - Bank Loan Facilities
With reference to the captioned subject and pursuant to Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that
India Ratings and Research (Ind-Ra) has affirmed the ratings assigned to the Bank Loan
Facilities of Transformers and Rectifiers (India) Limited (TARIL) at 'IND A+'. The Outlook
remains Stable.
The instrument wise rating actions are as follows:
Instrument Type Size of Issue (million) Rating/Outlook Rating
Action
Bank Loan Facilities INR 10500 IND A+/Stable/IND A1+ Affirmed
Bank Loan Facilities INR 5000 IND A+/Stable/IND A1+ Assigned
Please take note that Information received by the Company on 13th July, 2026
Please take the same on your record.
Thanking you,
Yours faithfully,
For Transformers and Rectifiers (India) Limited
Mehul Shah
Chief Financial Officer