Transformers And Rectifiers (India) Limited (TARIL) has responded to an email from the National Stock Exchange (NSE) dated December 16th, 2025, seeking clarification on the recent price movement of its security. In its reply, the company stated that it has consistently intimated all material information and updates impacting its operations and price to the stock exchanges as required by SEBI regulations. TARIL affirmed that it has not withheld any information that could have influenced the share price. The company attributes the price movement solely to market conditions, over which it has no control or knowledge of specific reasons. Transformers And Rectifiers (India) Limited is a prominent global manufacturer of various types of transformers, holding the position of the second-largest transformer manufacturing company in India based on capacity. The company operates with state-of-the-art infrastructure across three plants near Ahmedabad, Gujarat, and is managed by a skilled team of approximately 1200 employees dedicated to maintaining high-quality standards.