Hind Rectifiers Ltd
NSE: HIRECT BSE: 504036
₹1418.30
(1.00%)
Wed, 04 Mar 2026, 06:07 pm
Market Cap24.38B
PE Ratio48.29
Dividend0.14
Producer Manufacturing
Electrical Products
24.5KCompany History
1958
- The Company was Incorporated as a Private Limited Company on 25th April.
1959
- Issued 1,000 shares to Kaycee Industries, Ltd., without payment in cash and 4,000 shares to directors etc.
1962
- Agreement was signed with the collaborators for the technical know-how of Westinghouse Electric Corporation, U.S.A., in regard to semi-conductors.
- Shares subdivided in April 1962.
- 2,00,000 shares issued at par.
1965
- Shares allotted to collaborators: 8,457 shares.
1970
- The application made to Government for the approval of the collaboration agreement with Westinghouse Brake & Signal Co. Ltd., U.K. (WBS), was revised.
1979
- The Company received a letter of intent for setting up a new industrial unit at Satpur MIDC Area in Nasik (Maharashtra).
1989
- 2,09,580 rights equity shares offered at par in the ratio 7:10.
1994
- The Company signed a technical agreement with Electric Research & Development Centre, Kerala for manufacturing transistorised PWM AC Drives.
- The Company signed a technical agreement with FRIEM S.P.A., Italy for high current water cooled rectifiers for electro-chemical and electro-metallurgical applications.
- The Company signed MOU with powersem, GmbH, Germany for Isopack Bridges.
1995
- Effective 1st April, Supreme Powertronics Private Ltd. was merged with the company.
- 12,800 shares issued to the shareholders of erstwhile Supreme Powertronics Pvt. Ltd. in ratio of 1:25.
- 4,95,531 bonus shares allotted in prop. 1:1.
1997
- The Turnover and margins were affected due to slowdown in the economy and the tight money market.
2005
- Hind Rectifiers has given the Bonus in the Ratio of 1:2.
2007
- The Company has splits its face value from Rs10/- to Rs2/-.
2008
- The Company has issued Bonus Shares in the Ratio of 1:1.
2010
- Hind Rectifiers Limited has appointed Mr. A.K. Nemani, Vice President (Finance) as new Compliance Officer of the Company.
2011
- Hind Rectifiers has recommended a dividend of Rs. 1.50 per share.
2012
- Hind Rectifiers has recommended a dividend of Rs. 1.60 per share.
2013
- Board of Directors of the Company has recommended a dividend of Rs. 1.60 per share.
- Hind Rectifiers Ltd has received orders from Indian Railways.
2014
- Board of Directors of the Company has recommended a dividend of Rs. 0.20 per share.
2017
- The company issued rights shares of 1:10 at a premium of Rs. 78 per share.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800