Date: June 25, 2026
Subsidiary Incorporation Details
Hind Rectifiers Limited has incorporated a wholly-owned subsidiary named Hirect Global Holdings Limited in Dubai International Financial Centre, United Arab Emirates on June 25, 2026.
Key Subsidiary Information
- Entity Name: Hirect Global Holdings Limited (Hirect GHL)
- Incorporation Date: June 25, 2026
- Country of Incorporation: United Arab Emirates
- Holding Company: Hind Rectifiers Limited (100% ownership)
- Relationship: Wholly owned subsidiary and related party of the Company
- Industry: Investment holding company
Business Purpose
Hirect GHL shall act as an investment holding company to oversee the investments globally.
Financial Details
- Consideration Type: Cash consideration
- Authorized Capital: AED 150,000 divided into 150 shares of AED 1,000 each
- Shareholding: 100% of Hirect GHL's shareholding is held by Hind Rectifiers Limited
Regulatory Approvals
No governmental or regulatory approvals were required for this incorporation.