Hind Rectifiers Ltd

Hind Rectifiers Ltd

Hind Rectifiers Ltd (HIRECT) announces the resignation of Mr. Douglas J. Bailey as Global Chief Executive Officer and Senior Management Personnel, effective August 11, 2026. The company also announces the appointment of Mr. Chidambaram Balakrishnan as the new Global Chief Executive Officer and Senior Management Personnel. Additionally, the company appoints Mr. Rahul Rai as an Additional Director (Non-Executive Independent Director) and Mr. Anil Kumar Nemani as an Additional Director and a Whole-Time Director, to be designated as Executive Director and Chief Financial Officer.

Hind Rectifiers Ltd

Hind Rectifiers Ltd appoints Mr. Anil Kumar Nemani as an Additional Director and a Whole-Time Director, to be designated as Executive Director and Chief Financial Officer.

Hind Rectifiers Ltd

Hind Rectifiers Ltd (HIRECT) announces the appointment of Mr. Rahul Rai as an Additional Director (Non-Executive Independent Director) and Mr. Anil Kumar Nemani as an Additional Director and a Whole-Time Director, to be designated as Executive Director and Chief Financial Officer. The company also announces the resignation of Mr. Douglas J. Bailey as Global Chief Executive Officer and the appointment of Mr. Chidambaram Balakrishnan as Global Chief Executive Officer and Senior Management Personnel.

Hind Rectifiers Ltd

Hind Rectifiers Ltd, now known as Hirect Limited, has approved its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the appointment of two new directors, Mr. Rahul Rai and Mr. Anil Kumar Nemani, and the resignation of Mr. Douglas J. Bailey as Global Chief Executive Officer.

Hind Rectifiers Ltd

Hind Rectifiers Ltd (HIRECT) has announced the approval of unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the appointment of two new directors and a change in the CEO.

Hind Rectifiers Ltd

Hind Rectifiers Ltd has scheduled an earnings conference call to discuss its Q1FY27 financial and operational performance on August 12, 2026.

Hind Rectifiers Ltd

Hind Rectifiers Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 to consider and approve the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended on June 30, 2026.

Hind Rectifiers Ltd

Hind Rectifiers Ltd (Hirect) has secured an order from the United States for IGBT Converters for the Mining Industry, marking its entry into the mining segment. The order reflects the company's engineering and manufacturing capabilities in delivering high-performance power electronic solutions for specialized industrial applications.

Hind Rectifiers Ltd

Hind Rectifiers Ltd (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.

Hind Rectifiers Ltd

Hind Rectifiers Ltd unveiled a new logo, refining its core 'H' logo into a more precise and versatile design. The new logo will be used in all product labels, advertisements, and marketing materials.

Hind Rectifiers Ltd

Hirect Limited has secured its maiden order for Mainline Electric Multiple Unit (MEMU) trainsets from MCF, valued at approximately ₹60 crore, marking a significant milestone in the company's strategic evolution from a component manufacturer to a provider of integrated railway systems.

Hind Rectifiers Ltd

Hind Rectifiers Ltd has secured its first development order for Vande Metro (Namo Bharat) trainset from Rail Coach Factory (RCF), marking a significant milestone in the Company's expansion into advanced railway technologies for next-generation rolling stock.

Hind Rectifiers Ltd

Hind Rectifiers Ltd 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.

Hind Rectifiers Ltd

Hind Rectifiers Ltd has secured its first development order for Vande Metro (Namo Bharat) trainset from Indian Railways worth approximately Rs. 60 crores to be executed within 21 months.

Hind Rectifiers Ltd

Hind Rectifiers Ltd has changed its name to Hirect Limited, as approved by the Registrar of Companies, Ministry of Corporate Affairs, with effect from July 24, 2026.

Hind Rectifiers Ltd

Hind Rectifiers Ltd has informed the exchanges about the allotment of 10,86,366 equity shares to Tata Mutual Fund (Small Cap Fund) at an issue price of ₹920.50 each through a preferential issue.

Hind Rectifiers Ltd

Hind Rectifiers Ltd has completed the sale of a portion of its non-operational Dehradun plant for Rs. 5 Crore. The plant, which ceased operations in 2023 due to product obsolescence, had no machinery or plans for restart. This divestiture monetizes a dormant asset, improving the company's cash position. The transaction was executed with an unrelated third party on June 22, 2026.