NSEGeneral Updates22 Jun 2026 · 22 Jun 2026, 06:33 pm

General Updates

Hind Rectifiers Limited · HIRECT

✦ AI Summary▲ PositiveDivestiture

Hind Rectifiers Limited has disclosed the sale of a part of its non-operational Dehradun plant for a consideration of Rs. 5 Crore. The plant had been non-operational since 2023 due to product obsolescence, with no machinery or plans for restart. The Board had approved the sale negotiations, and the company executed a sale deed on June 22, 2026. The buyer is not related to the promoter or promoter group, and the transaction is not a related party transaction.

Analysis Scores

Earnings Impact7/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact7/10
Market Sentiment7/10

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Full Announcement

Hind Rectifiers Limited has informed the Exchange about sale of part of non-operational Dehradun Plant

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HIRECT_22062026183247_SE_Sale_of_Dehradun_Plant.pdf

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June 22, 2026 BSE Limited National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai 400 001 Bandra (East) Mumbai 400 051 BSE Scrip Code: 504036 NSE Symbol: HIRECT Dear Sir/Madam, Sub: Disclosure of sale of part of non-operational Dehradun Plant Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762 /2026 dated January 30, 2026 With reference to the captioned subject, we draw your attention to our earlier communication dated November 6, 2025, about non-operational of Dehradun plant since 2023 due to product obsolescence. With no machinery remaining and no plans to restart operations, the Board had approved to proceed with negotiations and execution of sale of the plant. In continuation of the aforesaid, this is to inform you that the Company has entered into a sale deed for the sale of a part of the said Dehradun plant situated at Village Chharba, New Khasra No. 64 to 67 & 74, Chharba Langha Road, Vikas Nagar, Dehradun 248197, Uttarakhand. The detailed as required under the SEBI Listing Regulations read with SEBI Circular, are provided in the Annexure. We request you take the above on record. Thanking you, Yours Faithfully, For Hind Rectifiers Limited Suhas Pawar Company Secretary & Compliance Officer ACS-36560 Encl.: as above Annexure Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762 /2026 dated January 30, 2026 Sr. Particulars Details a) The amount and percentage of the turnover or Not applicable as the said Dehradun plant revenue or income and net worth contributed was non-operational since 2023. by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year; b) date on which the agreement for sale has been June 22, 2026 entered into; c) the expected date of completion of June 22, 2026 sale/disposal; d) consideration received from such Rs.5 Crore sale/disposal; e) brief details of buyers and whether any of the Mrs. Pratima Saklani who is not related to the buyers belong to the promoter/ promoter promoter / promoter group / group group/group companies. If yes, details companies. thereof; f) whether the transaction would fall within No related party transactions? If yes, whether the same is done at “arm’s length”; g) whether the sale, lease or disposal of the Not applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) additionally, in case of a slump sale, indicative Not applicable. disclosures provided for amalgamation/ merger, shall be disclosed by the listed entity with respect to such slump sale.