Transformers and Rectifiers Limited announced that it has received INR 120.00012 million in funding from Cohesion MK Best Ideas SubTrust, Anantroop Financial Advisory Services Private Limited

On October 13, 2023, Transformers and Rectifiers (India) Limited, closed the transaction. The company has raised INR 120,000,120 in the transaction. The transaction included participation from individual investors such as Madhuri Madhusudan Kela for 5,578,111 shares, Tushar Pradeep Bohra for 41,814 shares, Sumit Bhalotia for 41,814 shares, Siddharth Shah for 41,814 shares, Sunny Bharat Gosar for 41,814 shares, and by new investors, Cohesion MK Best Ideas SubTrust for 4,166,666 shares and Anantroop Financial Advisory Services Private Limited for 100,000 shares.