Hind Rectifiers Limited , a prominent player in the power electronics sector, has announced a series of strategic decisions alongside its robust second-quarter financial results for the fiscal year 2025-26. The company's board meeting, held on November 6, 2025, unveiled significant developments that signal a shift in its operational focus and global aspirations.

Strong Financial Performance

Hind Rectifiers demonstrated impressive financial growth in the second quarter:

The company's EBITDA margin improved to 11.41% from 11.04% year-over-year, indicating enhanced operational efficiency.

Strategic Decisions

Dehradun Plant Sale

The board has approved the sale of its Dehradun plant, which has been non-operational since July 2023 due to product obsolescence. Established in 2008 for manufacturing rectifiers, inverters, and transformers, the plant currently has no machinery and no plans for restarting operations. The company will proceed with negotiations and execution of the plant's sale.

European Expansion

In a move to strengthen its global presence, Hind Rectifiers has approved an investment of €830,000 to increase the capital of its French subsidiary, M/s. Belink Hirect SAS. This will raise the subsidiary's capital from €2 million to €3 million, underlining the company's commitment to expanding its footprint in European markets.

Future Outlook

The board has expressed its strategic intent to pursue global expansion by exploring potential acquisition and investment opportunities in international markets. This may include evaluating and possibly acquiring existing businesses in related fields such as electronics, power semiconductors, and power conversion technologies.

Suramya Nevatia, Chairman and Managing Director of Hind Rectifiers, stated, "Our strong Q2 results reflect our operational excellence and market positioning. The decision to divest the Dehradun plant aligns with our strategy to optimize our asset portfolio. Simultaneously, our investment in our French subsidiary underscores our commitment to global growth and technological advancement in power electronics."

These strategic moves, coupled with the company's robust financial performance, position Hind Rectifiers for potential growth in both domestic and international markets. Investors and industry observers will be keenly watching how these decisions translate into long-term value creation for the company.

Hind Rectifiers Limited , a prominent player in the electrical equipment sector, has announced a significant leadership change. The company has appointed Manoj Nair as its new Chief Executive Officer (CEO), effective October 10, 2025. This strategic move comes as part of the company's efforts to strengthen its management team and drive future growth.

Key Highlights of the Appointment

• New CEO: Manoj Nair has been appointed as the CEO and Key Managerial Personnel of Hind Rectifiers.
• Effective Date: The appointment is effective from October 10, 2025.
• Previous Role: Nair's last position was CEO at IIMS Limited, a CK Birla Group Company.
• Experience: He brings varied industry experience, including significant tenure at Cummins India Limited.

Leadership Transition

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, has approved this appointment. Concurrently, Suramya Nevatia, who previously held the CEO position, will transition to a new role:

• Suramya Nevatia will relinquish his role as CEO.
• He will continue as the Chairman & Managing Director of Hind Rectifiers.
• Nevatia will also retain his position as a Key Managerial Person (KMP) of the company.

Manoj Nair's Profile

This appointment marks a new chapter for Hind Rectifiers as it looks to leverage Nair's diverse experience across different industries. The company's decision to bring in new leadership while retaining the expertise of Suramya Nevatia in a strategic role demonstrates a balanced approach to management transition.

Investors and market watchers will likely be keen to observe how this leadership change influences Hind Rectifiers' strategic direction and operational performance in the coming quarters.