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.
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Mrs. Preeti Sharma has resigned from her position as Head Legal and Senior Management Personnel of Hirect Limited, effective September 24, 2026.
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.
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 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.
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.
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.
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 Limited is changing its name to Hirect Limited, effective August 18, 2026. The exchange has issued this circular to inform market participants.
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.
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.
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.
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 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 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.