YEAR                        EVENTS
 1958 - The Company was Incorporated as a Private Limited Company on
 25th
        April and converted into Public Limited Company on 11th May
 1961.
        The Company manufactures and deals in all kind of rectifier
        apparatus, elements, other types of electrical apparatus or
        devices, machinery, equipment and goods.
 
 1959 - Issued 1,000 shares to Kaycee Industries, Ltd., without
 payment
        in cash and 4,000 shares to directors etc.
 
 1962 - Agreement was signed with the collaborators for the technical
        know-how of Westinghouse Electric Corporation, U.S.A., in
 regard
        to semi-conductors in the form of diodes, transistors, etc.
 
      - Shares subdivided in April 1962.  2,00,000 shares issued at
 par:
        50,000 shares offered as Rights in prop. 1:1; 30,000 shares
        reserved and allotted to the foreign collaborators without
        payment in cash and 1,20,000 shares offered to the public
 during
        June 1962.
 
 1965 - Shares allotted to collaborators: 8,457 shares in 1965,
 10,793
        shares in 1966, 26,750 shares in 1968 and 4,000 shares in
        1970-71.
 
 1970 - The application made to Government for the approval of the
        collaboration agreement with Westinghouse Brake & Signal Co.
        Ltd., U.K. (WBS), was revised to cover specific sophisticated
        equipment and devices for the manufacture of which the
        collaborators' assistance was essential.  In 1980 Approval of
        Government for the collaboration was received.
 
 1979 - The Company received a letter of intent for setting up a new
        industrial unit at Satpur MIDC Area in Nasik (Maharashtra)
 for
        the manufacture of (i) 10,00,000 nos. per annum of diodes,
 (ii)
        5,00,000 nos. per annum of thyristors, (iii) 2,50,000 nos.
 per
        annum of triacs and (iv) 1,00,000 nos. per annum of power
        transistors.
 
 1989 - 2,09,580 rights equity shares offered at par in the ratio
 7:10.
        Only 1,95,531 shares taken up.
 
 1994 - The Company signed a technical agreement with Electric
 Research
        & Development Centre, Kerala for manufacturing transistorised
        PWM AC Drives.  Another technical agreement with FRIEM
 S.P.A.,
        Italy for high current water cooled rectifiers for
        electro-chemical and electro-metallurgical applications.
 
      - The Company signed MOU with powersem, GmbH, Germany for
 Isopack
        Bridges.
 
 1995 - Effective 1st April, Supreme Powertronics Private Ltd. was
 merged
        with the company.
 
      - 12,800 shares issued to the shareholders of erstwhile Supreme
        Powertronics Pvt. Ltd. in ratio of 1:25.
 
      - 4,95,531 bonus shares allotted in prop. 1:1.
 
 1997 - The Turnover and margins were affected due to slowdown in the
        economy and the tight money market.
 
 2007
 
 - The Company has splits its face value from Rs10/- to Rs2/-.
 
 2008
 
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 
 2010
 
 - Hind Rectifiers Limited has appointed Mr. A.K. Nemani, Vice
 President (Finance) as new Compliance Officer of the Company.