Hind Rectifiers Limited Launches Advanced Copper Conductors from Expanded Nashik Facility

2 min read     Updated on 23 Mar 2026, 06:52 PM
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AI Summary

Hind Rectifiers Limited has commenced commercial production of advanced copper conductors from its expanded Sinnar, Nashik facility. The company now manufactures CTC, PICC, and EPICC conductors for global transformer and high-power component markets. The facility offers flexible production capabilities with customizable sizing options and maintains strict quality standards through 100% in-line optical testing and ISO 9001:2015 certification.

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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:

Product Type Application Focus
Continuously Transposed Conductors (CTC) High-efficiency transformers
Paper Insulated Copper Conductors (PICC) Wound components and transformers
Enameled Paper Insulated Copper Conductors (EPICC) High-power electrical systems

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

Parameter CTC Specifications PICC/EPICC Specifications
Strand Width 2.5 mm to 12.0 mm Up to 20 mm copper width
Strand Thickness 1.0 mm to 5.0 mm Up to 8 mm copper thickness
Transposition Pitch 25 mm to 200 mm Not applicable
Paper Insulation Layers Up to 32 layers (single pass) Up to 8 layers (single pass)
Insulation Thickness Control 0.25 mm to 5 mm 0.25 mm to 5 mm

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.

Historical Stock Returns for Hind Rectifiers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-12.69%-2.24%-17.16%+46.10%+1,006.90%

How will HIRECT's entry into the global copper conductor market impact pricing dynamics for existing players like Nexans and Prysmian?

What is the expected revenue contribution from the new Sinnar facility to HIRECT's overall business over the next 3-5 years?

Could HIRECT's advanced manufacturing capabilities position the company to benefit from India's upcoming renewable energy infrastructure expansion?

Hind Rectifiers Corrects Bonus Share Face Value, Maintains March 27 Record Date

1 min read     Updated on 23 Mar 2026, 06:38 PM
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Hind Rectifiers Limited issued a corrected intimation regarding its bonus share allotment, rectifying the face value from Rs. 10 to Rs. 2 per share while maintaining the March 27, 2026 record date. The company will allot 1,71,83,807 bonus shares in 1:1 ratio following overwhelming shareholder approval through postal ballot, with trading to commence on March 31, 2026.

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Hind Rectifiers Limited has issued a corrected intimation regarding its bonus share allotment, rectifying an inadvertent error in the face value of new bonus shares while maintaining the previously announced record date of March 27, 2026, for the 1:1 bonus issue.

Face Value Correction and Regulatory Compliance

The company has clarified that the new bonus shares will have a face value of Rs. 2 per share, not Rs. 10 as previously mentioned in their March 20, 2026 communication. This correction aligns with the company's current face value structure, where bonus shares will be issued in the proportion of 1 new fully paid-up equity share of Rs. 2 each for every existing 1 equity share of Rs. 2 each held by members.

Corrected Details: Information
Face Value (Corrected): Rs. 2 per share
Previously Mentioned: Rs. 10 per share
Bonus Ratio: 1:1
Record Date: March 27, 2026
Total Bonus Shares: 1,71,83,807 Equity Shares

Postal Ballot Approval and Implementation Timeline

Following the successful completion of the postal ballot process, shareholders had approved the bonus share issuance with overwhelming support. The voting results demonstrated strong confidence across all shareholder categories, with 99.99% votes in favour of the resolution.

Voting Summary: Results
Total Shares Voted: 8,404,005
Votes in Favour: 8,403,923
Approval Percentage: 99.99%
Results Declaration: March 20, 2026

Allotment and Trading Schedule

The company has confirmed the implementation timeline for the bonus share allotment in accordance with SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024. The bonus shares will rank pari-passu in all respects with the existing equity shares of the company.

Implementation Timeline: Dates
Record Date: March 27, 2026
Deemed Allotment Date: March 30, 2026
Trading Commencement: March 31, 2026
Regulatory Compliance: Regulation 42 of SEBI Listing Regulations

The corrected intimation was signed by Chief Financial Officer Anil Kumar Nemani and submitted to both NSE and BSE on March 23, 2026, ensuring full regulatory compliance and transparency in the bonus share allotment process.

Historical Stock Returns for Hind Rectifiers

1 Day5 Days1 Month6 Months1 Year5 Years
-1.32%-12.69%-2.24%-17.16%+46.10%+1,006.90%

How might the face value correction error impact investor confidence in Hind Rectifiers' internal processes and corporate governance standards?

What potential effect could the 1:1 bonus issue have on Hind Rectifiers' stock liquidity and trading volumes once the new shares begin trading?

Will Hind Rectifiers need to adjust its dividend policy or payout ratios following the doubling of outstanding shares through this bonus issue?

More News on Hind Rectifiers

1 Year Returns:+46.10%