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Hind Rectifiers to Incorporate Wholly Owned Subsidiary in UAE for ₹37.65 Lakhs
Hind Rectifiers Limited (HIRECT) has approved the incorporation of a 100% wholly owned subsidiary in the United Arab Emirates, specifically within the Dubai International Financial Centre (DIFC). The company will invest 150,000 AED (approximately ₹37.65 lakhs) as cash consideration for the initial capital contribution. This new entity will function strictly as a holding company to manage current and future international subsidiaries rather than engaging in direct commercial operations. This move is part of HIRECT's broader global expansion strategy to streamline oversight and management of its overseas investments.
Key Highlights
Approved incorporation of a 100% wholly owned subsidiary in the United Arab Emirates (UAE)
Initial cash investment of 150,000 AED, equivalent to approximately ₹37,65,819
The entity will serve as a holding company for all existing and future overseas subsidiaries
The subsidiary will be based in the Dubai International Financial Centre (DIFC) to facilitate global expansion
The entity will not undertake any direct operational or commercial business activities initially
💼 Action for Investors
Investors should view this as a strategic step toward international expansion and improved corporate structuring for global operations. Monitor future announcements regarding specific overseas projects or acquisitions that this holding company will manage.
Hind Rectifiers Announces 1:1 Bonus Issue; Seeks Shareholder Approval via Postal Ballot
Hind Rectifiers Limited has issued a Postal Ballot notice to seek shareholder approval for a 1:1 bonus share issue. The company proposes to capitalize approximately Rs. 3.44 crore from its securities premium account to issue these new shares. Shareholders as of the cut-off date of February 13, 2026, are eligible to vote between February 18 and March 19, 2026. This move will double the number of outstanding equity shares while maintaining the face value at Rs. 2 per share.
Key Highlights
Proposed bonus issue in the ratio of 1:1 (one new share for every one held)
Capitalization of Rs. 3,43,67,614 from the securities premium account as per FY25 financials
Cut-off date for voting eligibility set as February 13, 2026
E-voting period spans from February 18, 2026, to March 19, 2026
Face value of shares remains unchanged at Rs. 2 per share
💼 Action for Investors
Investors should participate in the e-voting process and note that while the number of shares will double, the share price will adjust proportionally on the ex-bonus date. This action is generally a positive signal of management's confidence in the company's capital structure and future prospects.
Hind Rectifiers Q3FY26 Revenue Jumps 64% to ₹277 Cr; Announces 1:1 Bonus Issue
Hind Rectifiers reported its highest-ever quarterly revenue of ₹277.4 crore in Q3FY26, marking a 64.2% YoY growth driven by traction transformer supplies to Indian Railways. While PAT grew 30.1% YoY to ₹13.0 crore, EBITDA margins moderated by 120 bps due to expansion-led investments in a new copper conductor plant. The company maintains a robust order book of ₹1,013 crore and has approved a 1:1 bonus share issue to reward shareholders. Strategic moves include the appointment of a new Global CEO and backward integration efforts to improve long-term cost efficiency.
Key Highlights
Consolidated Revenue for Q3FY26 grew 64.2% YoY to ₹277.4 crore, the highest quarterly revenue in company history.
Order book remains robust at ₹1,013 crore as of December 31, 2025, driven by railway sector expansion.
Board of Directors approved a 1:1 bonus issue to improve share liquidity and reward investors.
EBITDA increased 44.9% YoY to ₹25.5 crore, although margins were impacted by 120 bps due to raw material costs and expansion investments.
Appointed Mr. Douglas J. Bailey as Global CEO to lead international expansion and integration with BeLink Solutions.
💼 Action for Investors
The strong top-line growth and healthy order book provide high revenue visibility; investors should monitor the margin recovery as backward integration benefits kick in from FY27. The 1:1 bonus issue and new global leadership are additional positive catalysts for long-term sentiment.
Hind Rectifiers Q3 Revenue Jumps 64% to ₹277 Cr; 1:1 Bonus Issue & ₹1,013 Cr Order Book
Hind Rectifiers reported its highest-ever quarterly revenue of ₹277.4 crore in Q3 FY26, marking a 64.2% YoY growth driven by robust supplies to Indian Railways. The company's order book reached a record milestone of ₹1,013 crore, providing high revenue visibility for the coming years. To reward shareholders and improve liquidity, the Board has approved a 1:1 bonus issue. Strategically, the company is expanding globally through the acquisition of BeLink Solutions in France and improving margins via a ₹56 crore backward integration project for copper conductors.
Key Highlights
Consolidated Revenue grew 64.2% YoY to ₹277.4 crore, the highest quarterly performance to date.
Order book stands at a record ₹1,013 crore as of December 2025, supported by ₹228 crore in new railway orders.
Board of Directors approved a 1:1 bonus issue to enhance equity share liquidity.
Acquisition of BeLink Solutions (France) completed to establish a European hub for Robotics and EMS.
Commenced backward integration for copper conductors at the Sinnar plant to optimize costs and supply reliability.
💼 Action for Investors
Investors should maintain a positive outlook given the record order book and strategic shift towards higher-margin backward integration. The 1:1 bonus issue and global expansion into the European railway and defense sectors are significant long-term growth catalysts.
Hind Rectifiers Approves 1:1 Bonus Issue and Grants 1,00,000 ESOPs at ₹800
Hind Rectifiers has announced a 1:1 bonus issue, doubling its share capital by capitalizing ₹3.44 crore from its securities premium account. The company is also investing ₹90 lakhs into its subsidiary, Coincade Studios, to support business expansion and operational needs. Additionally, the board approved the grant of 1,00,000 ESOPs at an exercise price of ₹800 per share. Management further indicated they are actively evaluating international acquisition opportunities to facilitate global growth.
Key Highlights
Approved 1:1 Bonus Issue of equity shares, doubling the paid-up capital to ₹6.87 crore.
Grant of 1,00,000 additional ESOP options at a grant price of ₹800 per share.
Investment of ₹90,00,000 in subsidiary Coincade Studios Private Limited to strengthen its capital base.
Bonus shares expected to be credited or dispatched on or before April 12, 2026.
Company is evaluating global acquisition targets to explore new international market opportunities.
💼 Action for Investors
The 1:1 bonus issue is a positive signal for retail liquidity and management confidence; investors should monitor the Q3 financial performance and updates on potential international acquisitions.
Hind Rectifiers Approves 1:1 Bonus Issue and ₹90 Lakh Investment in Subsidiary
Hind Rectifiers has approved a 1:1 bonus issue, doubling its share count by capitalizing ₹3.44 crore from its securities premium account. The company is also investing ₹90 lakhs in its subsidiary, Coincade Studios Private Limited, to support business expansion and operational requirements. Additionally, the board granted 1,00,000 ESOPs at an exercise price of ₹800 per share. Management further indicated they are actively evaluating international acquisition opportunities to facilitate global growth.
Key Highlights
Approved 1:1 bonus issue, increasing paid-up share capital from 1.72 crore shares to 3.44 crore shares.
Capitalization of ₹3,43,67,614 from the Securities Premium Account which had a balance of ₹23.09 crore as of March 2025.
Investment of ₹90,00,000 in subsidiary Coincade Studios Private Limited, increasing its paid-up capital to ₹1 crore.
Grant of 1,00,000 ESOPs at a price of ₹800 per share with a vesting period of 1 to 4 years.
The bonus shares are expected to be credited or dispatched on or before April 12, 2026, subject to shareholder approval.
💼 Action for Investors
Investors should monitor the upcoming record date for the bonus issue and keep an eye on further disclosures regarding potential international acquisitions. The bonus issue signals management's confidence in the company's reserves and long-term growth prospects.
Hind Rectifiers Approves 1:1 Bonus Issue and ₹90 Lakh Investment in Subsidiary
Hind Rectifiers (HIRECT) has announced a 1:1 bonus issue, doubling its share count by capitalizing ₹3.44 crore from its securities premium account. The board also approved a ₹90 lakh investment in its subsidiary, Coincade Studios, to increase its capital base for business expansion. Additionally, the company granted 1,00,000 ESOPs at a price of ₹800 per share and is actively evaluating global acquisition opportunities. These strategic moves indicate a focus on shareholder rewards and aggressive international growth.
Key Highlights
Approved 1:1 bonus issue, doubling paid-up capital to 3,43,67,614 equity shares.
Capitalizing ₹3.44 crore from the Securities Premium Account for the bonus issuance.
Investing ₹90,00,000 in subsidiary Coincade Studios to support operational requirements.
Granted 1,00,000 ESOPs at a grant price of ₹800 per share under the 2018 plan.
Actively scouting for international acquisition targets to facilitate global expansion.
💼 Action for Investors
The 1:1 bonus issue will likely increase retail participation and liquidity; investors should track the record date and the company's progress on international M&A targets.
Hind Rectifiers Approves 1:1 Bonus Issue and ₹90 Lakh Investment in Subsidiary
Hind Rectifiers Limited has announced a 1:1 bonus issue, effectively doubling its share count by capitalizing ₹3.44 crore from its Securities Premium Account. The board also approved a ₹90 lakh equity investment in its subsidiary, Coincade Studios Private Limited, to strengthen its capital base for expansion. Additionally, the company is granting 1,00,000 ESOPs at ₹800 per share and has signaled intent for international growth through potential global acquisitions. These developments, alongside the Q3 financial results, indicate a phase of capital restructuring and aggressive expansion planning.
Key Highlights
Approved 1:1 bonus issue of 1,71,83,807 equity shares of face value ₹2 each.
Capitalizing ₹3.44 crore from the Securities Premium Account which stood at ₹23.08 crore as of March 2025.
Investing ₹90 lakhs in subsidiary Coincade Studios, increasing its paid-up capital to ₹1 crore.
Granting 1,00,000 ESOPs at a price of ₹800 per share to eligible employees.
Actively evaluating global acquisition opportunities to facilitate international market expansion.
💼 Action for Investors
Investors should monitor the upcoming record date for the 1:1 bonus issue which will improve stock liquidity. The company's move toward global acquisitions and subsidiary funding suggests a growth-oriented outlook that warrants a long-term watch.
Hind Rectifiers Approves 1:1 Bonus Issue and ₹90 Lakh Investment in Subsidiary
Hind Rectifiers has announced a 1:1 bonus issue, doubling its share count by capitalizing approximately ₹3.44 crore from its securities premium account. The company also approved a ₹90 lakh investment in its subsidiary, Coincade Studios, to increase its paid-up capital to ₹1 crore for business expansion. Additionally, the board granted 1,00,000 ESOPs at an exercise price of ₹800 per share. Management is also actively evaluating international acquisition opportunities to drive global growth and explore new markets.
Key Highlights
Approved 1:1 bonus issue of equity shares of face value ₹2 each, doubling the share capital.
Capitalizing ₹3.44 crore from the Securities Premium Account which had a balance of ₹23.08 crore as of March 2025.
Investment of ₹90 lakh in subsidiary Coincade Studios Private Limited to support operational requirements.
Grant of 1,00,000 additional ESOPs at a grant price of ₹800 per option under the 2018 plan.
Actively evaluating global acquisition targets to facilitate international business expansion.
💼 Action for Investors
Investors should monitor the upcoming announcement of the record date for the bonus issue and track the company's progress on potential global acquisitions. The bonus issue indicates management's confidence in the company's reserves and future growth prospects.
HIRECT to sell Dehradun plant for ₹9.50 crore
Hind Rectifiers Limited (HIRECT) has announced the sale of its manufacturing facility in Dehradun, Uttarakhand, for ₹9.50 crore. The Board of Directors approved the sale, as the plant has been non-operational since July 2023 due to product obsolescence. The indicative sale value was estimated to be between ₹8.50 crore and ₹9.50 crore. The sale agreement was executed on December 4, 2025, and is expected to be completed by April 30, 2026.
Key Highlights
Sale of Dehradun plant for ₹9.50 crore
Plant non-operational since July 2023
Indicative sale value between ₹8.50 crore and ₹9.50 crore
Sale agreement executed on December 4, 2025
Expected completion date of sale is April 30, 2026
💼 Action for Investors
The sale is not expected to have an adverse impact on ongoing operations. Investors should monitor the company's future announcements regarding the utilization of the sale proceeds.