HIND RECTIFIERS LTD.

Hirect Ltd has announced that its Board of Directors will convene on Tuesday, November 10, 2026. The primary agenda item for this meeting is to consider and approve the un-audited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. In compliance with SEBI regulations, the company has also informed that the trading window for designated persons and their immediate relatives will be closed from October 1, 2026, until 48 hours after the results are declared.

Hirect Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The window will be shut from October 01, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter and half-year ending September 30, 2026. The specific date for the board meeting to approve these results will be communicated later.

Hirect Ltd has announced the resignation of Mrs. Preeti Sharma, Head Legal and Senior Management Personnel (SMP). Her resignation is effective from the close of business hours on September 24, 2026, as she intends to pursue better career opportunities. The company has accepted her resignation and she has been relieved from her duties. The details provided align with SEBI Listing Regulations, confirming no other material reasons beyond pursuing an alternative career.

Hirect Ltd has completed the sale of the residual part of its non-operational Dehradun plant for ₹4.5 Crore. The sale deed was executed on September 24, 2026, with the transaction also concluding on the same date. The plant has been non-operational since 2023, and its sale does not contribute to the company's turnover or revenue. The buyers, Mrs. Avantika Saklani and Mr. Sureshchand Saklani, are not related to the promoter group or group companies, and the transaction is not considered a related party transaction.

Hind Rectifiers Ltd has announced the successful dispatch of its dividend amounting to ₹1.40 per equity share. This dividend was approved at the 68th Annual General Meeting held on August 11, 2026, and has been credited to shareholders' accounts on August 13, 2026. The company utilized electronic modes like NACH/NECS/Direct Remittance for disbursement to shareholders with updated bank details. Shareholders who have not provided their bank information are urged to do so promptly to ensure future dividend receipts. This intimation is for the information of the stock exchanges and shareholders.

Hind Rectifiers Limited (Hirect Limited) reported its unaudited financial results for Q1 FY27, showcasing a 20.3% year-on-year revenue growth to INR 258.4 Cr, driven by sustained business momentum. However, consolidated EBITDA saw a decline to INR 13.2 Cr from INR 24.2 Cr in Q1 FY26, primarily due to higher employee and operating costs associated with the consolidation and scale-up of Elventive France. Consolidated PAT after Minority Interest also decreased to INR 9.4 Cr from INR 12.8 Cr. On a standalone basis, revenue grew 10.1% YoY to INR 236.4 Cr, with PAT increasing by 17.8% YoY to INR 15.1 Cr. The company secured significant orders, including for four MEMU trainsets and the Vande Metro (Namo Bharat) trainset, and expanded its international footprint with orders from the US for traction motor assemblies and IGBT converters for the mining segment. The order book stood robust at ₹739.8 crore as of July 2026.

Hind Rectifiers Ltd announced the appointment of Mr. Chidambaram Balakrishnan as the new Global Chief Executive Officer and Senior Management Personnel, effective immediately. He replaces Mr. Douglas J. Bailey, who resigned on August 11, 2026. The board meeting also approved un-audited financial results for Q1 FY27, the appointment of Mr. Rahul Rai as Additional Director (Non-Executive Independent Director) for 5 years, and Mr. Anil Kumar Nemani as Additional Director and Whole-Time Director (Executive Director and CFO) for 3 years. Additionally, the company approved an investment of up to 300 equity shares in its wholly-owned subsidiary, Hirect Global Holdings Limited, UAE.

Hind Rectifiers Ltd announced the appointment of Mr. Anil Kumar Nemani as an Additional Director and Whole-Time Director, designated as Executive Director and Chief Financial Officer. This appointment is for a period of three years, subject to shareholder approval. The Board also approved the un-audited financial results for the quarter ended June 30, 2026, and the appointment of Mr. Rahul Rai as an Additional Director (Non-Executive Independent Director) for a five-year term. Additionally, the company approved an investment in its wholly-owned subsidiary, Hirect Global Holdings Limited, UAE, and appointed Mr. Chidambaram Balakrishnan as Global Chief Executive Officer, replacing Mr. Douglas J. Bailey.

Hind Rectifiers Ltd announced the appointment of Mr. Rahul Rai as an Additional Director (Non-Executive Independent Director) for a term of 5 years, commencing August 11, 2026. The board also approved un-audited financial results for Q1 FY27, the appointment of Mr. Anil Kumar Nemani as Whole-Time Director and CFO, and an investment in its wholly-owned subsidiary, Hirect Global Holdings Limited. Additionally, Mr. Chidambaram Balakrishnan was appointed as Global CEO, replacing Mr. Douglas J. Bailey.

Hind Rectifiers Ltd announced that its Board of Directors, in a meeting held on August 11, 2026, has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved several key appointments, including Mr. Rahul Rai as Additional Director (Non-Executive Independent Director) for a five-year term and Mr. Anil Kumar Nemani as Additional Director and Whole-Time Director, designated as Executive Director and Chief Financial Officer for three years. Additionally, Mr. Chidambaram Balakrishnan has been appointed as Global Chief Executive Officer, replacing Mr. Douglas J. Bailey. The company also plans an investment in its wholly-owned subsidiary, Hirect Global Holdings Limited, UAE.