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Hind Rectifiers Limited ( (IN:HIRECT) ) has provided an update.
Hind Rectifiers Limited has announced a management reshuffle, appointing veteran semiconductor and electronics executive Douglas J. Bailey as Global Chief Executive Officer for the company and all present and future subsidiaries. Bailey brings more than two decades of international experience in technology strategy, innovation and marketing, including a strong track record in scaling revenues, improving margins and building market leadership in advanced semiconductor technologies such as GaN and SiC, which is expected to bolster Hind Rectifiers’ global ambitions and competitive positioning. In parallel, the board has appointed Megha Singh Shekhawat as Interim Company Secretary and Compliance Officer, adding experienced oversight in corporate governance and regulatory compliance, particularly in dealings with stock exchanges and statutory authorities, a move that underscores the company’s focus on strengthening its governance and stakeholder confidence as it pursues its growth plans.
More about Hind Rectifiers Limited
Hind Rectifiers Limited operates in the electronics and power conversion space, focusing on rectifiers and related equipment for industrial and infrastructure applications, with its securities listed on both the National Stock Exchange of India and BSE. The company serves a range of sectors that rely on power electronics and aims to strengthen its management and governance framework to support growth and regulatory compliance in domestic and global markets.
Average Trading Volume: 1,797
Technical Sentiment Signal: Hold
Current Market Cap: 20.86B INR
For a thorough assessment of HIRECT stock, go to TipRanks’ Stock Analysis page.