Hind Rectifiers Limited, listed on both the NSE under the symbol HIRECT and the BSE with the scrip code 504036, has announced a significant investment of €830,000 (approximately INR 7.3 crore) aimed at expanding its global footprint. The decision was made during a Board meeting held on November 6, 2025, where the directors unanimously approved the investment to increase the capital of its subsidiary, Belink Hirect SAS, based in France, from €2 million to €3 million. The investment signifies a strategic initiative to explore potential acquisitions in international markets, specifically targeting businesses in electronics, power semiconductors, and power conversion technologies.
In addition to the investment, the Board reported on the un-audited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025, which were accompanied by a Limited Review Report from statutory auditors M/s GMJ & Co. A key outcome of the Board meeting was the decision to sell the company's non-operational Dehradun plant, which has not been active since July 2023 due to product obsolescence. This move reflects a shift in focus towards more lucrative and technologically advanced segments of the market.
The acquisition of Belink Hirect SAS is expected to enhance Hind Rectifiers' technological capabilities and broaden its global market presence. The company aims to leverage this investment to access advanced technologies and diversify its product offerings. The acquisition is anticipated to be completed by March 31, 2026, and will be executed on an arm’s length basis, ensuring fair valuation and compliance with regulatory requirements. This strategic expansion aligns with Hind Rectifiers' vision of strengthening its financial position while supporting ongoing projects and future growth in the competitive European market.