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