Hind Rectifiers Limited has announced the appointment of Mr. Chidambaram Balakrishnan as Chief Global Growth Officer and Senior Management Personnel, effective March 23, 2026. The company communicated this development to both the National Stock Exchange and BSE Limited in compliance with SEBI Listing Regulations.

Appointment Details

The appointment was made pursuant to Regulation 30 read with Schedule Para A(7) of Part A of III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company filed the necessary disclosure with stock exchanges on March 23, 2026.

Professional Background

Mr. Balakrishnan Chidambaram brings extensive experience spanning over three decades in global business development, strategic partnerships, market expansion, and revenue growth across multiple geographies. His career includes significant leadership roles in major multinational corporations.

Key Leadership Positions

• Managing Director at Caterpillar Rail
• Regional Director (South Asia) at GE Transportation
• Chairman of the Confederation of Indian Industry (Railway Division)
• Chairman of the American Chamber of Commerce in India (Infrastructure Division)

Strategic Role and Responsibilities

In his new position as Chief Global Growth Officer, Mr. Balakrishnan will spearhead Hind Rectifiers Limited's international expansion strategy. His primary focus areas will include:

• Leading the company's global growth initiatives
• Expanding the international footprint
• Strengthening strategic partnerships
• Driving long-term value creation

Management Commentary

Commenting on the appointment, Mr. Suramya Nevatia, Chairman and Managing Director of Hind Rectifiers Limited, said, "We are pleased to welcome Mr. Chidambaram Balakrishnan to the leadership team. His rich global experience, strategic perspective, and proven execution capabilities will be instrumental in accelerating our international growth ambitions and strengthening our position in key global markets."

Speaking about his new role, Mr. Chidambaram Balakrishnan added, "I am delighted to join Hind Rectifiers at an exciting phase of its growth journey. The Company has built a strong legacy in power electronics, supporting critical sectors such as railways, transportation, and industrial systems. I look forward to working closely with the team to expand our global presence, drive innovation, and create sustained value for customers and stakeholders."

Strategic Leadership Expansion

By strengthening its leadership team with pivotal global appointments, including the appointment of Mr. Doughlas J. Bailey as Global Chief Executive Officer to spearhead international expansion, the company is laying the foundation for its next era of growth. These strategic hires reflect a broader vision to build an agile, globally aligned leadership bench that can scale the business, unlock new market opportunities, and shape a stronger future for the organization.

Regulatory Compliance

The appointment disclosure was made in accordance with SEBI regulations, with Chief Financial Officer Anil Kumar Nemani signing the official communication to stock exchanges. The company confirmed that there are no relationships between directors in connection with this appointment.

Hind Rectifiers Limited has announced the commercial availability of advanced copper conductors from its newly inaugurated state-of-the-art facility in Sinnar, Nashik. The company is now manufacturing three high-performance copper products designed for global export to support high-power transformers and wound components across critical infrastructure segments.

Product Portfolio and Applications

The company has launched three specialized copper conductor products engineered for demanding applications:

These conductors will serve key infrastructure segments including power grids, railway rolling stock and catenary power supply systems, and industrial power networks. The products are specifically designed to meet the rigorous demands of transformers, traction motors, and other high-power wound components.

Advanced Manufacturing Capabilities

HIRECT's new production lines offer industry-leading flexibility in conductor sizing and insulation layers. The CTC lines demonstrate exceptional versatility, handling anywhere from 5 to 63 strands per conductor with highly customizable strand dimensions.

Technical Specifications

The facility features four distinct types of coating insulation for enameling lines to suit various thermal and electrical classes. To maintain optimal manufacturing conditions for consistent quality, the entire CTC production area operates in a dust-free and air-conditioned environment.

Quality Assurance and Compliance

According to Shailesh Jadav, VP Operations at HIRECT, the facility integrates 100% in-line optical testing across all enameling lines. The quality control systems include online pinhole and blister detectors alongside precision measuring equipment capable of maintaining tolerances of ±5 microns in drawing and rolling processes.

The Sinnar facility holds ISO 9001:2015 certification and operates extensive in-house testing laboratories covering all key tests related to CTC, PICC and Enameled PICC. The testing capabilities include:

• Dielectric dissipation (Tan Delta)
• High voltage breakdown testing
• Interstrand shorts analysis
• Proof stress evaluation

The company emphasizes responsible sourcing with its entire supply chain compliant with EU Conflict Minerals Regulations and Responsible Minerals Initiative standards.

Company Background

Hind Rectifiers Limited, established in 1958 in partnership with Westinghouse, Brake & Signal, UK, has evolved over 67 years into a major engineering and manufacturing player. The company operates with 950 employees across two manufacturing plants in Nashik and Bhandup, India, exporting products to over 30 countries with offices in India, Sweden, and the UAE.

HIRECT manufactures a comprehensive range of power electronics systems and electrical equipment including traction propulsion systems, power converters, control electronics, transformers, rectifiers, traction motors, and HVAC systems. These products serve railways, defence, and various industries including power, hydrogen, steel, cement, chemical, and paper sectors.