Hind Rectifiers has received approval to incorporate a wholly owned subsidiary in the United Arab Emirates (UAE). The subsidiary shall be incorporated under a name approved by the Dubai International Financial Centre, subject to other regulatory approvals and availability of the name. The board of directors of the company at its meeting held on March 13, 2026, inter-alia considered and approved the same.

The proposed entity will primarily function as a holding company for the company’s present and future overseas subsidiaries. The entity will not undertake any direct operational or commercial business activities. Its principal role will be to head the international subsidiaries and facilitate the company’s global expansion strategy by enabling efficient management, oversight, and structuring of its overseas investments and operations.

Hind Rectifiers is engaged in developing, designing, manufacturing and marketing power semiconductors, power electronic equipments and railway transportation equipments.