Global CEO Douglas J. Bailey resigns from Hind Rectifiers

Ceo ResignedManagement Changes View source PDF Explain this filing

HIRECT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+2.8%Reaction day

₹1222.00

prior close

₹1222.20

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.4%+2.4% vs market

Industrial Products peers, median of 131sector-0.5%+3.3% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 3.3 pts more than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

+0.9

15m

+0.6

30m

+0.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.8+0.4+2.4-0.5+3.3

Next day

+1.6+0.5+1.1-0.2+1.9

+2.9+0.6+2.3-0.5+3.4

+3.2+0.7+2.5-0.8+4.0

+3.3+1.1+2.2-0.6+3.9

+3.1+0.5+2.6-1.0+4.2

+3.5+1.3+2.2-0.1+3.6

15d

-0.2+0.5-0.7-1.9+1.7

-1.4-0.8-0.6-0.9-0.5

-8.8-0.9-7.8+1.2-9.9

—————

UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 131Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Mr. Douglas J. Bailey has resigned as Global Chief Executive Officer (Senior Management Personnel) of Hind Rectifiers Limited (formerly Hirect Limited) effective close of business on August 11, 2026, citing personal reasons. No successor has been named in this filing.

Likely market impact

CEO exit for personal reasons; watch for succession update and any near-term disruption to operations or strategy.