Mumbai, June 28 -- According to an exchange filing, the domestic order will be executed as per the terms and conditions laid out by Indian Railways. The execution is scheduled from FY 2025-26 to FY 2026-27.

The company also clarified that the transaction does not involve any related parties. Neither the promoter, promoter group, nor any group companies have any financial or other interest in the awarding entity.

The official announcement was made on 27 June 2025, after market hours.

Hind Rectifiers is engaged in developing, designing, manufacturing, and marketing electronic, electrical, and electromechanical equipment; power electronic equipment; and railway traction equipment.

The company's standalone net profit zoomed 98.2% to Rs 1...