Hind Rectifiers Ltd Acquires BeLink Solutions, France for Euro 1 Million

Hind Rectifiers Ltd has announced the acquisition of BeLink Solutions, France for a total consideration of Euro 1 million. The acquisition will be undertaken through a subsidiary structure in France, where Hind Rectifiers Limited will hold 100% preference shares and 66% equity shares, with the balance 34% equity shares held by Promoter Group Companies. BeLink Solutions operates in the industry of Robotics, EMS and Electronics R&D. The possession of the assets and business is expected to be obtained upon incorporation of the proposed subsidiary in France, which is expected to be completed by October 1, 2025. This acquisition is part of Hind Rectifiers Ltd's global business expansion and exploration of new opportunities in international markets, including potential acquisitions through a subsidiary structure.