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.

Hind Rectifiers , a prominent player in the power electronics industry, has made a significant move to bolster its financial position. The company's Board of Directors has approved the allotment of 200,000 equity warrants, raising approximately ₹273.6 crore through a preferential issue.

Key Details of the Allotment

Terms of the Warrants

The equity warrants come with a conversion option, allowing the holder to convert each warrant into one equity share within 18 months from the date of allotment. This structure provides flexibility for the company and the investor while potentially increasing the promoter group's stake in the future.

Regulatory Compliance

The allotment was conducted in accordance with the Securities and Exchange Board of India (SEBI) ICDR Regulations and the provisions of the Companies Act. This adherence to regulatory requirements ensures transparency and fairness in the capital raising process.

Disclosure and Reporting

In compliance with SEBI Listing Regulations, Hind Rectifiers has promptly informed the stock exchanges about this development. The company provided detailed disclosures, including the type of securities issued, the nature of the issuance, and specific details about the preferential allotment.

Strategic Implications

This substantial capital infusion from a promoter group entity signals strong confidence in Hind Rectifiers' future prospects. The funds raised could potentially be used for various strategic initiatives, such as expansion, debt reduction, or investment in new technologies, although the specific use of proceeds was not disclosed in the available information.

Recent Corporate Development

In a separate but noteworthy development, Hind Rectifiers recently incorporated a subsidiary company named BELINK HIRECT SAS in France. This new entity, focused on Robotics, EMS, and Electronics R&D, represents Hind Rectifiers' expansion into new technological domains and international markets. The parent company holds a 66% stake in the equity shares and 100% of the preference shares of this new subsidiary.

The recent equity warrant issue, coupled with the formation of an international subsidiary, suggests that Hind Rectifiers is actively pursuing growth and expansion strategies. These moves could potentially enhance the company's market position and technological capabilities in the power electronics and related sectors.

Investors and market watchers will likely keep a close eye on how Hind Rectifiers utilizes these new resources and capitalizes on its international expansion to drive future growth and shareholder value.