Mumbai, Nov. 14 -- 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.

Published by HT Digital Content Services with permission from Capital Market....