Hind Rectifiers sells Dehradun plant for Rs 9.50 crore

Strategic Transactions View source PDF Explain this filing

HIRECT · price

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

-0.4%Reaction day

₹757.00

prior close

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Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+0.7% vs market

Industrial Products peers, median of 111sector-0.9%+0.5% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.5 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.

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AI summary

Hind Rectifiers is selling its non-operational Dehradun manufacturing plant for Rs 9.50 crore. The plant, which made rectifiers, inverters, and transformers, has been shut since July 2023 due to product obsolescence. The board approved the sale on November 6, and the agreement was signed on December 4, 2025. Completion is expected by April 30, 2026. The buyers are unrelated to the promoter group. Management says the sale will not impact operations or supply commitments.

Likely market impact

Modest positive - removes a non-operational asset and brings in cash, no major effect on ongoing business.