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As on : 14-Nov-2025
Corporate News
14-Nov-2025     13:01

Transformers & Rectifiers India updates on World Bank Case

Transformers & Rectifiers India updated regarding the ongoing matter with the World Bank as follows:

1. Removal from Debarred List: The World Bank has removed the name of the Company from the list of Debarred Firms and Individuals on its website.

2. Extension for Submission of Response: The World Bank has granted an extension for submitting the Company's explanation in the sanctions case. The new deadline for submission is 12 January 2026.

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