Hind Rectifiers Limited, a leading manufacturer of Power Semiconductors, Power Electronic Equipments and Railway Transportation Systems, has announced the appointment of Mr. Chidambaram Balakrishnan os ChiefGlobal Growth Officer of the Company.
In his new role, Mr. Chidambaram will lead the Hirect's global growth initiatives, with a focus on expanding the company's global footprint, strengthening strategic partnerships, and identifying new opportunities for business growth across key global markets. He will play a pivotal role in shaping the company's global growth strategy and driving long-term value creation.
Mr. Balakrishnan brings with him over three decades of rich and diverse experience in global business development, strategic partnerships, market expansion, and revenue growth across multiple geographies. Over the course of his career, he has held several leadership positions, including Managing Director at Caterpillar Rail and Regional Director (South Asia) at GE Transportation. He has also played an active leadership role in industry bodies, having served as Chairman, Confederation of Indian Industry (Railway Division), and Chairman, American Chamber of Commerce in India (Infrastructure Division).
He has been instrumental in driving business transformation, identifying new market opportunities, and building strong customer and partner ecosystems to accelerate sustainable growth.
Commenting on his appointment, Mr. Suramya Nevatia, Chairman and Managing Director of Hind Rectifiers Limited, said, "We are pleased to welcome Mr. Chidambaram Balakrishnan to the leadership team. Hl5 rich global experience, strategic perspective, and proven execution capabilities will be instrumental in accelerating our international growth ambitions and strengthening our position in key global markets."
Speaking about his new role, Mr. Chidambaram Balakrishnan added, "I am delighted to join Hind Rectifiers at an exciting phase ofits growth journey. The Company has built a strong legacy in power electronics, supporting critical sectors such as railways, transportation, and industrial systems. I look forward to working closely with the team to expand our global presence, drive innovation, and create sustained value for customers and stakeholders."
By strengthening its leadership team with pivotal global appointments, including appointment of Mr. Doughlas J. Bailey as a Global Chief Executive Officer to spearhead international expansion, the company is laying the foundation for its next era of growth. These strategic hires reflect a broader vision to build an agile, globally aligned leadership bench that can scale the business, unlock new market opportunities, and shape a stronger future for the organization.
Shares of Hind Rectifiers Limited was last trading in BSE at Rs. 1435.55 as compared to the previous close of Rs. 1485.80. The total number of shares traded during the day was 1675 in over 267 trades.
The stock hit an intraday high of Rs. 1558.00 and intraday low of 1420.10. The net turnover during the day was Rs. 2439810.00.