14 Nov 2025 | 5 Mins Read
World Bank relief boosts Transformers & Rectifiers' stock 10%
Flipitmoney
Transformers & Rectifiers Ltd. (TRIL) shares rallied up to 10% after the company removed from World Bank's Debarred firms and individuals list. The World Bank granted an extension to submit an explanation in a sanctions case, with a new deadline of January 12, 2026. TRIL claims the findings are not conclusive and reiterates compliance with laws and contractual obligations.