Hind Rectifiers , a prominent player in the power electronics sector, has announced a significant expansion of its global operations with the establishment of a new subsidiary in France. The company has incorporated 'Belink Hirect SAS' to boost its research and development activities in robotics and electronics, marking a strategic move into advanced technology sectors.

Key Details of the New Subsidiary

• Name: Belink Hirect SAS
• Location: France
• Incorporation Date: September 30, 2025
• Industry Focus: Robotics, EMS (Electronic Manufacturing Services), and Electronics R&D

Ownership Structure

Hind Rectifiers has structured the ownership of Belink Hirect SAS in a way that maintains majority control while involving promoter group entities:

• Hind Rectifiers Limited holds:
  • 66.00% of the equity shares
  • 100.00% of the preference shares (worth EUR 1.00 million)
• Promoter group entities own the remaining 34.00% of equity shares

Financial Investment

The total initial investment in Belink Hirect SAS amounts to EUR 2.00 million, split as follows:

• EUR 1.00 million in preference shares, fully subscribed by Hind Rectifiers Limited
• EUR 1.00 million in equity shares, with Hind Rectifiers Limited subscribing to 66.00% and promoter group entities taking the remaining 34.00%

Strategic Implications

This move by Hind Rectifiers signifies a deliberate effort to enhance its capabilities in cutting-edge technologies:

1. R&D Focus: The subsidiary will concentrate on research and development in robotics and electronics, potentially leading to innovative products and solutions.
2. Global Expansion: Establishing a presence in France positions Hind Rectifiers to tap into the European market and collaborate with regional tech ecosystems.
3. Diversification: By venturing into robotics and advanced electronics, the company is diversifying its portfolio beyond its traditional power electronics business.

Leadership

Mr. Suramya Nevatia, the Chairman & Managing Director (CEO) of Hind Rectifiers Limited, has been appointed as the President of Belink Hirect SAS, ensuring strategic alignment between the parent company and the new subsidiary.

Regulatory Compliance

The company has duly informed the stock exchanges about this development, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This strategic move by Hind Rectifiers underscores the company's commitment to technological advancement and global expansion. By focusing on robotics and electronics R&D in a key European market, Hind Rectifiers is positioning itself to capitalize on emerging opportunities in high-tech industries, potentially enhancing its competitive edge in the international market.

Hind Rectifiers Limited, a prominent player in the electrical equipment sector, has announced the completion of a significant expansion and backward integration project at its Sinnar plant. The company revealed that the expanded facility became operational on September 29, marking a crucial milestone in its strategic growth plan.

Expansion Details

The expansion at the Sinnar plant focuses on manufacturing capabilities for three key products:

1. Continuously Transposed Conductor (CTC)
2. Enameled Paper Insulated Copper Conductor (EPICC)
3. Paper Insulated Copper Conductor (PICC)

This backward integration initiative aligns with Hind Rectifiers' previous commitments to enhance its manufacturing capabilities and streamline operations.

Operational Timeline

According to the company's official statement to the stock exchanges, commercial production at the expanded facility is expected to commence within 30 days from the date the plant was put to use. This swift transition from completion to production underscores the company's efficiency in implementing its expansion plans.

Strategic Benefits

The expansion and backward integration at the Sinnar plant are poised to bring several strategic advantages to Hind Rectifiers:

1. Enhanced Operational Efficiency: By integrating these manufacturing processes, the company aims to streamline its supply chain significantly.

2. Reduced External Dependence: The new capabilities will decrease Hind Rectifiers' reliance on external vendors for these critical components.

3. Improved Delivery Timelines: With in-house production of CTC, EPICC, and PICC, the company expects to ensure more timely delivery of its products to customers.

4. Cost Optimization: The backward integration is anticipated to optimize costs across the production process.

5. Margin Improvement: As a result of the above factors, Hind Rectifiers projects an improvement in its profit margins.

Management's Perspective

Meenakshi Anchlia, Company Secretary & Compliance Officer of Hind Rectifiers Limited, stated in the regulatory filing, "This backward integration is in line with the Company's commitment made in the past. This will help to enhance operational efficiency by streamlining the supply chain, reducing dependence on external vendors, ensuring timely delivery of products, strengthen Company's business, optimising cost and improving the margin."

The completion of this expansion project represents a significant step forward for Hind Rectifiers Limited, potentially positioning the company for improved performance and competitiveness in the electrical equipment market.