Transformers and Rectifiers (India) logo

Transformers and Rectifiers (India) shareholders and shareholding pattern

NSE: TARILBSE: 532928Electrical EquipmentSmall Cap

Last close ₹303.90down ₹10.60 (3.37%)BSE ₹303.90

Share price at the NSE close on 23 Oct 2026. Previous close ₹314.50.

52-week range of traded prices to 23 Oct 2026
₹224.05Low, 2 Feb 2026₹488.00High, 23 Oct 2025
Market cap
₹9,122 Cr586th largest listed
P/E
29.1
P/B
5.5
Dividend yield
0.08%
ROE
20.9%
ROCE
19.3%
Debt to equity
0.34
Volume, NSE
33,74,51732.2% delivered

Who owns Transformers and Rectifiers (India), filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

  • Promoters64.36%
  • Foreign institutions6.99%
  • Indian institutions1.19%
  • Individuals and others27.46%

Shareholding pattern, per cent, from Sep 2022

  • Promoters
  • Foreign institutions
  • Indian institutions
  • Individuals and others
Per centDec 2016Filed 12 JanMar 2017Filed 12 AprJun 2017Filed 17 JulSep 2017Filed 6 OctDec 2017Filed 10 JanMar 2018Filed 13 AprJun 2018Filed 26 JulSep 2018Filed 9 OctDec 2018Filed 9 JanMar 2019Filed 9 AprJun 2019Filed 11 JulSep 2019Filed 10 OctDec 2019Filed 11 JanMar 2020Filed 16 AprJun 2020Filed 9 JulSep 2020Filed 10 OctDec 2020Filed 9 JanMar 2021Filed 7 AprJun 2021Filed 6 JulSep 2021Filed 18 OctDec 2021Filed 12 JanMar 2022Filed 12 AprJun 2022Filed 19 JulSep 2022Filed 19 OctDec 2022Filed 13 JanMar 2023Filed 17 AprJun 2023Filed 18 JulSep 2023Filed 19 OctDec 2023Filed 17 JanMar 2024Filed 5 AprJun 2024Filed 8 JulSep 2024Filed 4 OctDec 2024Filed 16 JanMar 2025Filed 4 AprJun 2025Filed 14 JulSep 2025Filed 15 OctDec 2025Filed 20 JanMar 2026Filed 8 AprJun 2026Filed 15 JulSep 2026Filed 8 Oct
74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%69.65%69.65%66.16%66.16%64.36%64.36%64.36%64.36%64.36%64.36%64.36%64.36%
Indian promoters74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.90%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%74.91%69.65%69.65%66.16%66.16%64.36%64.36%64.36%64.36%64.36%64.36%54.86%54.86%
Foreign promoters–––––––––––––––––––0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%––––9.50%9.50%
25.10%25.10%25.10%25.10%25.10%25.10%25.10%25.10%25.10%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%25.09%30.35%30.35%33.84%33.84%35.64%35.64%35.64%35.64%35.64%35.64%35.64%35.64%
Promoter shares pledgedShare of the promoters' own shares22.26%22.26%22.26%22.26%21.25%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%22.26%21.84%21.84%21.84%21.84%21.84%21.84%21.84%21.84%
Shares in issue1,32,56,4111,32,56,4111,32,56,41113,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11013,25,64,11014,25,64,12114,25,64,12115,00,82,91715,00,82,91715,00,82,91730,01,65,83430,01,65,83430,01,65,83430,01,65,83430,01,65,83430,01,65,83430,01,65,834
Shares locked in–––––––––––––––––––0000000001,00,00,01100000––––––
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Transformers and Rectifiers (India) shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

ShareholdersDec 2016Filed 12 JanMar 2017Filed 12 AprJun 2017Filed 17 JulSep 2017Filed 6 OctDec 2017Filed 10 JanMar 2018Filed 13 AprJun 2018Filed 26 JulSep 2018Filed 9 OctDec 2018Filed 9 JanMar 2019Filed 9 AprJun 2019Filed 11 JulSep 2019Filed 10 OctDec 2019Filed 11 JanMar 2020Filed 16 AprJun 2020Filed 9 JulSep 2020Filed 10 OctDec 2020Filed 9 JanMar 2021Filed 7 AprJun 2021Filed 6 JulSep 2021Filed 18 OctDec 2021Filed 12 JanMar 2022Filed 12 AprJun 2022Filed 19 JulSep 2022Filed 19 OctDec 2022Filed 13 JanMar 2023Filed 17 AprJun 2023Filed 18 JulSep 2023Filed 19 OctDec 2023Filed 17 JanMar 2024Filed 5 AprJun 2024Filed 8 JulSep 2024Filed 4 OctDec 2024Filed 16 JanMar 2025Filed 4 AprJun 2025Filed 14 JulSep 2025Filed 15 OctDec 2025Filed 20 JanMar 2026Filed 8 AprJun 2026Filed 15 JulSep 2026Filed 8 Oct
All shareholders28,97328,96128,68830,70633,71435,00135,20935,11335,07934,66634,25034,16934,29934,59335,178838,04237,26541,44039,96143,97646,77346,39646,81047,58549,01251,34254,11861,97264,97786,04190,21899,6871,45,4631,81,1031,79,3672,06,0602,11,9072,15,2672,23,850
7777777778888888888888888888888888888888
Indian promoters7777777778888888888888888888888888888877
Foreign promoters–––––––––––––––––––000000000000000––––11
28,96628,95428,68130,69933,70734,99435,20235,10635,07234,65834,24234,16134,29134,58535,170–38,03437,25741,43239,95343,96846,76546,38846,80247,57749,00451,33454,11061,96464,96986,03390,21099,6791,45,4551,81,0951,79,3592,06,0522,11,8992,15,2592,23,842
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Transformers and Rectifiers (India) promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Jitendra Ujamsi Mamtora, 31.30%.Promoter buying and selling

Holder
Jitendra Ujamsi MamtoraIndividuals and Hindu undivided families31.30%9,39,63,36844.91%
Janki Aasish KiriNon-resident and foreign individuals9.50%2,85,12,8240.00%
Karunaben Jitendra MamtoraIndividuals and Hindu undivided families9.50%2,85,12,8240.00%
Satyen Jitendra MamtoraIndividuals and Hindu undivided families9.50%2,85,12,8240.00%
Jitendra Ujamsi Mamtora HUFIndividuals and Hindu undivided families4.55%1,36,58,6200.00%
Aakanksha Satyen MamtoraIndividuals and Hindu undivided families0.01%30,0000.00%
Bipin Ujamashi MamtoraIndividuals and Hindu undivided families0.00%3,9200.00%
Dilip Ujamashi MamtoraIndividuals and Hindu undivided families0.00%3,9200.00%
Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Transformers and Rectifiers (India), filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Transformers and Rectifiers (India)

HolderDec 2023Filed 17 JanMar 2024Filed 5 AprJun 2024Filed 8 JulSep 2024Filed 4 OctDec 2024Filed 16 JanMar 2025Filed 4 AprJun 2025Filed 14 JulSep 2025Filed 15 OctDec 2025Filed 20 JanMar 2026Filed 8 AprJun 2026Filed 15 JulSep 2026Filed 8 Oct
State of Wisconsin Investment Board - Alliance Bernstein L.P.Foreign portfolio investors, category I–––––––––1.21%1.22%1.47%
Goldman Sachs Funds - Goldman Sachs India Equity PortfolioForeign portfolio investors, category I––1.25%1.80%2.64%2.64%1.95%1.51%1.49%1.21%––
Invesco India Equity FundForeign portfolio investors, category I––––1.19%1.19%1.15%1.05%––––
Cohesion Mk Best Ideas Sub-TrustForeign portfolio investors, category II2.92%2.92%1.47%1.22%––––––––
Madhuri Madhusudan Kela .Resident individuals, over ₹2 lakh at face value3.91%3.91%2.09%–––––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.