NSEPress Release29 Jul 2026 · 29 Jul 2026, 03:43 pm

Press Release

Hind Rectifiers Limited · HIRECT

✦ AI Summary▲ PositiveOrder Win

Hind Rectifiers Limited, now known as Hirect Limited, has secured its first order from the United States for Traction Motor Assemblies, marking its initial entry into the U.S. market. The order is scheduled for delivery during FY27 and establishes a foundation for expanding customer relationships and pursuing additional opportunities in the U.S. market.

Analysis Scores

Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment9/10

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Full Announcement

Hind Rectifiers Limited has informed the Exchange regarding a press release dated July 29, 2026, titled - "Hirect Secures First Order from the United States for Traction Motor Assemblies".

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HIRECT_29072026154305_SE_Letter.pdf

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July 29, 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 SEBI Listing Regulations, 2015 - Press Release Dear Sir/Madam, We are enclosing herewith the Press Release of Hirect Limited dated July 29, 2026 titled, “Hirect Secures First Order from the United States for Traction Motor Assemblies”. 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 and Compliance Officer ACS-36560 Encl.: as above Mumbai, 29th July 2026 Press Release For Immediate Publication Hirect Secures First Order from the United States for Trac(cid:415)on Motor Assemblies HIRECT has secured its first order from the United States for Traction Motor Assemblies, marking its initial entry into the U.S. market and further advancing the Company's efforts to expand its international presence. The order is scheduled for delivery during FY27. The development establishes a foundation for expanding customer relationships and pursuing additional opportunities in the U.S. market. It also reinforces HIRECT's long-term strategy of gradually expanding its international footprint through sustained engagement with customers across global markets. As HIRECT continues to strengthen its international presence, the Company remains focused on leveraging its engineering expertise, manufacturing capabilities and strategic global partnerships to expand its reach and create new growth opportunities over the long term. hirect.com About Hirect Limited (Formerly known as Hind Rectifiers Limited): Hirect Limited was established in 1958 in partnership with Westinghouse, Brake & Signal, UK, it has grown over the past 66 years to become a major player in the engineering and manufacturing sectors. HIRECT operates with a workforce of 950 employees spread across two manufacturing plants located at Nashik and Bhandup in India. The company exports its products to over 30 countries and has offices located in India, Sweden, and the UAE. HIRECT is renowned for designing and manufacturing a wide range of power electronics equipment, including Power Converters, Control Electronics, Transformers, Rectifiers, Inverters, Motors, and HVAC systems. These products serve a variety of sectors, including Railways, Defence, and industries such as Power, Hydrogen, Steel, Cement, Chemical, and Paper, among others. The company is recognized for its quality and innovation in providing solutions for both industrial and transportation applications. For more details, please visit: www.hirect.com Disclaimer: Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward- looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors. For further information, please contact Company: Investor Relations Advisors: Hirect Limited Strategic Growth Advisors Pvt. Ltd. (Formerly known as Hind Rectifiers Limited) CIN: L28900MH1958PLC011077 CIN: U74140MH2010PTC204285 Name – Mr. Anil Kumar Nemani Mr. Karan Thakker / Mr. Aseem Kohli Email – investors@hirect.com karan.thakker@sgapl.net / aseem.kohli@sgapl.net T: +91 2249601775 +91 81699 62562 / +91 87083 72029 www.hirect.com www.sgapl.net Public Relations Advisors: Strategic Growth Advisors PR Ms. Rashneen Anand rashneen.anand@sgapl.net +91 70455 27436 hirect.com