Hirect Ltd

Hirect Management Change

Mrs. Preeti Sharma has resigned from her position as Head Legal and Senior Management Personnel of Hirect Limited, effective September 24, 2026.

Hirect Merger & Restructuring Worth ₹4.5 Cr

Hirect Limited sold the residual part of its non-operational Dehradun plant for ₹4.5 Crore. The buyer is not part of the promoter group.

Value

₹4.50 Cr

Hirect Annual General Meeting

Hirect Limited has issued a Postal Ballot notice for shareholder approval of director appointments and an extension for utilizing funds raised via preferential equity warrants.

Hirect Annual General Meeting

Hirect Limited issued a Postal Ballot Notice seeking shareholder approval for director appointments and extending the timeline for utilizing Rs. 27.36 Crore raised via warrants.

Value

₹27.36 Cr

Hirect Credit Rating

Hirect Limited received a credit rating reaffirmation from CRISIL for its total bank loan facilities of Rs. 228.9 Crore. The company retains its BBB+/Stable and A2 ratings.

Value

₹228.9 Cr

Hirect Earnings Call Transcript: Key Takeaways

Q1 FY27 consolidated revenue grew 20.3% YoY to INR 258.4 Cr. Hirect is transitioning from component supplier to integrated systems provider for Indian and US rail/mining markets.

Call

Guides 30% growth

Hind Rectifiers Dividend

Hirect Limited confirmed the dispatch of a Rs. 1.40 per equity share dividend. Payments were credited electronically following approval at the 68th Annual General Meeting.

Hind Rectifiers Other Announcement

Hind Rectifiers Limited is changing its name to Hirect Limited, effective August 18, 2026. The exchange has issued this circular to inform market participants.

Hind Rectifiers Earnings Call Transcript: Key Takeaways

Hind Rectifiers Q1 FY27 showed 20.3% consolidated revenue growth but flat orders due to geopolitical delays. Management focuses on shifting from component supplier to integrated systems provider.

Call

Guides 30% growth

Hind Rectifiers Investor Presentation: Key Takeaways

Hirect reported Q1FY27 consolidated revenue of ₹258.4 Cr, up 20.3% YoY. Strategy focuses on evolving from a component supplier to a vertically integrated system player with global expansion.

Hind Rectifiers Results Update

Hirect Limited reported Q1 FY27 financial highlights in a press release. The company also secured new railway and international orders, with an order book of ₹739.8 crore.

Hind Rectifiers Annual General Meeting

Hirect Limited held its 68th Annual General Meeting on August 11, 2026. Shareholders approved the financial statements, director appointments, and a dividend declaration.

Hind Rectifiers Management Change

Hind Rectifiers Limited has appointed Rahul Rai as Independent Director, Anil Kumar Nemani as Executive Director, and Chidambaram Balakrishnan as Global CEO. These appointments are effective August 11, 2026.

Hind Rectifiers Q1 FY27 Results: Net Profit ₹6.5 Cr, Down 49.2% YoY

Hind Rectifiers Limited reported revenue from operations of ₹258.4 Cr (+20.3% YoY) and net profit of ₹6.5 Cr (-49.2% YoY) for Q1 FY27.

Key figure

Net profit ₹6.5 Cr · -49.2% YoY

Hind Rectifiers Board Meeting Date

Hirect Limited scheduled a board meeting for August 11, 2026. The board will consider and approve un-audited standalone and consolidated financial results for the June quarter.

Hind Rectifiers Announces New Order Win

Hirect Limited has secured an export order from the United States for IGBT Converters. This marks the company's entry into the specialized global mining industry segment.

Hind Rectifiers Other Announcement

Hind Rectifiers Ltd filed its quarterly shareholding pattern as mandated by Regulation 31. This periodic disclosure provides the distribution of equity across various shareholder categories.

Hind Rectifiers Bags ₹59.58 Cr Order

Hind Rectifiers Limited secured a ₹59.58 Crore contract from Indian Railways. The order will be executed within 21 months.

Value

₹59.58 Cr

Execution

21 months

Hind Rectifiers Bags ₹60 Cr Order

Hirect Limited secured a ₹60 Crore order from Indian Railways for Vande Metro trainsets. The supply contract is scheduled for execution within 21 months.

Value

₹60.00 Cr

Execution

21 months

Hind Rectifiers Business Update

Hind Rectifiers Limited has changed its company name to Hirect Limited. The change is effective from July 24, 2026, following MCA approval.

Hind Rectifiers Capital Structure Change

Hind Rectifiers Ltd allotted 10,86,366 equity shares to Tata Mutual Fund at Rs. 920.50 per share. This preferential issue raises Rs. 100 Crore in capital.

Value

₹100.0 Cr

Hind Rectifiers Annual Report

Hind Rectifiers submitted its Annual Report for FY 2025-26. The 68th Annual General Meeting is scheduled for August 11, 2026, via video conferencing.

Hind Rectifiers Annual General Meeting

Hind Rectifiers Limited announced postal ballot results approving a name change to Hirect Limited. Shareholders also approved increases in authorized share capital and company borrowing limits.

Hind Rectifiers Merger & Restructuring Worth ₹0.38 Cr

Hind Rectifiers incorporated Hirect Global Holdings Limited in the UAE for Rs.0.38 Crore. The new subsidiary will act as a global investment holding company.

Value

₹0.38 Cr

Hind Rectifiers Merger & Restructuring Worth ₹0.38 Cr

Hind Rectifiers incorporated a wholly-owned subsidiary, Hirect Global Holdings Limited, in Dubai. The new entity will serve as an investment holding company for global operations.

Value

₹0.38 Cr

Hind Rectifiers Annual General Meeting

Shareholders approved granting a loan to a subsidiary and a preferential equity issue via postal ballot. Both resolutions passed with requisite majority.

Hind Rectifiers Fund Raise of ₹100 Cr

Hind Rectifiers Limited is raising ₹100 Crore via a preferential allotment of 10.86 lakh warrants to Tata Mutual Fund. The capital raise strengthens the company's financial position.

Value

₹100.0 Cr

Hind Rectifiers Annual General Meeting

Hind Rectifiers Limited issued a postal ballot notice seeking approval for a name change and increased borrowing limits. The proposed borrowing cap is ₹600 Crore.

Value

₹600.0 Cr

Hind Rectifiers Capital Structure Change

Hind Rectifiers Limited approved increasing its authorized share capital from ₹10 Crore to ₹30 Crore. The board also proposed renaming the company to Hirect Limited.

Value

₹20.00 Cr

Hind Rectifiers Earnings Call: Key Takeaways

Hind Rectifiers (HIRECT) delivered strong FY26 standalone growth of 44.8% while consolidating the Elventive France acquisition, which temporarily suppressed consolidated EBITDA margins to 3%.