NSEAwarding of order(s)/contract(s)26 Jul 2026 · 26 Jul 2026, 09:56 am
Awarding of order(s)/contract(s)
Hind Rectifiers Limited · HIRECT
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Hind Rectifiers Limited has secured its maiden order for Mainline Electric Multiple Unit (MEMU) trainsets from Modern Coach Factory worth approximately Rs. 60 crores to be executed within 24 months.
Analysis Scores
Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
The Company has secured its maiden order for Mainline Electric Multiple Unit (MEMU) trainsets from Modern Coach Factory
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HIRECT_26072026095627_SE_disclosure_order.pdf
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HIRECT LIMITED
(Formerly known as Hind Rectifiers Limited)
July 26, 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
Sub: Intimation under Regulation 30 of the SEBI Listing Regulations, 2015
Dear Sir/Madam,
We are pleased to inform you that Hirect Limited (formerly known as Hind Rectifiers Limited) has secured
its maiden order for Mainline Electric Multiple Unit (MEMU) trainsets from Modern Coach Factory (MCF).
The details are as follows:
Bagging/Receiving of orders/contracts:
Name of the entity awarding the order(s)/ contract(s); MCF / Indian Railways
Significant terms and conditions of order(s)/contract(s) awarded in As per T & C of Railway
brief;
Whether order(s)/contract(s) have been awarded by Domestic
domestic/international entity;
Nature of order(s) / contract(s); Supply of complete
Propulsion Systems for 4
MEMU trainsets
Whether domestic or international; Domestic
Time period by which the order(s)/ contract(s) is to be executed; Within 24 months
Broad consideration or size of the order(s)/ contract(s); Approx Rs. 60 crores
Whether the promoter/promoter group/group companies have any No
interest in the entity that awarded the order(s)/contract(s)? If yes,
nature of interest and details thereof;
Whether the order(s)/contract(s) would fall within related party No
transactions? If yes, whether the same is done at “arms-length”.
We request you take the above on record.
Thanking you,
Yours Faithfully,
For Hirect Limited
(Formerly known as Hind Rectifiers Limited)
Suhas Pawar
Company Secretary & Compliance Officer
ACS-36560