Mumbai, Jan. 8 -- Following his exit, the board appointed Satyen J. Mamtora, the company's managing director (MD), as CEO with effect from 8 January 2026.

Satyen J. Mamtora is the MD of TARIL and a second-generation entrepreneur with over three decades of experience in the transformer manufacturing and power equipment sector. He joined TARIL in 1997 as director - marketing and has since played a central role in expanding the company's market presence, strengthening customer relationships, and guiding its evolution from a regional manufacturer to a globally recognised transformer organisation.

Meanwhile, the company announced its Q3 result, reporting 36.93% YoY jump in consolidated net profit to Rs 75.97 crore on 31.71% increase in reven...