RIR Power Electronics Limited will participate in an analyst and investor meeting on Wednesday, September 30, 2026, at 4:00 pm IST. The company will engage with institutional investors and analysts virtually as part of the Bharat Connect Conference Rising Stars - September 2026.

The event is organized by Arihant Capital Market Ltd. The interaction will focus on generally available information. The company stated that no unpublished price sensitive information (UPSI) will be shared or discussed during the session.

Meeting Details

Regulatory Compliance

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the meeting was finalized at short notice. Any changes to the schedule due to exigencies will be communicated to the stock exchanges. The information is also available on the company's website.

RIR Power Electronics Limited completed the installation of Silicon Carbide (SiC) Epitaxial Wafer Manufacturing Reactors at its Bhubaneswar facility on September 16, 2026.

The development marks a critical step toward establishing India's first vertically integrated SiC semiconductor production facility. The company aims to commence commercial production after fulfilling remaining statutory and regulatory formalities.

Facility Milestones

The installation includes key equipment for the SiC epitaxial wafer manufacturing process. Essential power connections, utilities, and supporting infrastructure have been commissioned and are in place. Shri Vishal Dev, Additional Chief Secretary of the Government of Odisha, witnessed the facility's readiness alongside senior officials.

This infrastructure completion supports RIR Power Electronics' planned ₹618 crore investment in a vertically integrated SiC semiconductor manufacturing ecosystem. The facility is designed to produce advanced SiC-based power semiconductor devices, including high-power MOSFETs, diodes, and modules.

Strategic Context

SiC technology offers higher energy efficiency, improved power handling, and reduced power losses compared to conventional silicon-based technologies. These attributes make SiC critical for applications in electric mobility, renewable energy, energy storage, railways, aerospace, defence, data centres, and industrial automation.

The project aligns with the "Make in India" and "Atmanirbhar Bharat" initiatives. It supports Odisha's emergence as a hub in India's semiconductor value chain by enabling advanced manufacturing capabilities for domestic and global markets.

What the Numbers Show

The ₹618 crore capital expenditure represents a significant commitment to upstream semiconductor manufacturing. By focusing on the epitaxial wafer stage—the foundational step in the value chain—the company is building a "Silicon Carbide to System" approach. This vertical integration strategy aims to capture value across the entire production spectrum, from raw wafers to final system-level solutions, rather than relying solely on downstream assembly or packaging.