RIR Power Electronics Set to Begin Trading on National Stock Exchange

RIR Power Electronics, a manufacturer of high-power semiconductor devices and power electronics solutions has been listed on the National Stock Exchange of India (NSE) with effect from Thursday, July 16, 2026, following the receipt of the necessary approval from the exchange for listing and trading of its securities. The company has been listed on BSE (BSE) since 1986, reflecting its long-standing presence in India's capital markets. 

The listing on the NSE marks a milestone in the company's corporate journey and is expected to enhance stock liquidity, improve price discovery and broaden access to a diversified base of institutional and retail investors. 

Commenting on this milestone, Dr. Harshad Mehta, Non-Executive Chairman of RIR Power Electronics, said, "The proposed listing of RIR Power Electronics on the National Stock Exchange represents an important chapter in our growth journey. It reflects the trust our shareholders have placed in us and acknowledges the dedication of our employees, customers, partners and all stakeholders. The NSE listing will provide us with greater visibility in the capital markets and further strengthen investor confidence as we continue to expand our technological capabilities and support India's growing semiconductor and power electronics ecosystem."

Adding to this, N. Ramesh Kumar, Managing Director and CEO of RIR Power Electronics, stated, “The NSE listing is a pivotal step in strengthening our growth trajectory. It provides us with a stronger platform to attract diverse investors, channel resources into innovation and expand our footprint across critical sectors. This milestone reinforces our commitment to building a globally competitive enterprise that contributes meaningfully to India’s semiconductor and power electronics ecosystem." 

RIR Power Electronics founded in 1969 has a current market cap of ~ INR 1,257 crores (as on 14-07-2026) and produces crucial semiconductor devices used across critical infrastructure sectors including railways, defense, Electric Vehicles (EV’s) and power generation. The company currently operates one manufacturing plant in Halol, Gujarat and is setting up a new upcoming facility in Bhubaneshwar, Odisha.