Hind Rectifiers’ board has approved the incorporation of two subsidiaries of the company. The incorporation of the first wholly owned subsidiary with an objective to leverage the growth opportunities in the service activities and will help the company in becoming more customer-focused. The incorporation of the second subsidiary with an objective to leverage the growth opportunities in the E-commerce place for B to B as well for B to C business. The Board of Directors at their meeting held on June 10, 2021, have approved the same.
Hind Rectifiers is engaged in developing, designing, manufacturing and marketing Power Semiconductors, Power Electronic Equipments and Railway Transportation Equipments.
