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RIR Power Electronics to Commence NSE Trading, Strengthening Investor Access and Growth Prospects

RIR Power Electronics, an Indian manufacturer of high-power semiconductor devices and power electronics solutions, is set to begin trading on the National Stock Exchange of India (NSE) from July 16, 2026, following the receipt of regulatory approval for the listing of its equity shares. The move marks a significant milestone for the company, which has been listed on the Bombay Stock Exchange (BSE) since 1986, and is expected to expand its visibility among investors while improving liquidity in its shares.

The dual listing on India's two leading stock exchanges is anticipated to enhance trading volumes, improve price discovery, and provide easier access for a broader base of institutional and retail investors. Companies listed on both exchanges typically benefit from greater market participation, improved analyst coverage, and stronger capital market visibility, which can support future fundraising and long-term business expansion.

Commenting on the development, Dr. Harshad Mehta, Non-Executive Chairman of RIR Power Electronics, said the NSE listing represents an important chapter in the company's growth journey and reflects the confidence of shareholders and stakeholders. He noted that greater visibility in India's capital markets would strengthen investor confidence as the company continues expanding its technological capabilities and contributing to the country's evolving semiconductor and power electronics industry.

Managing Director and CEO N. Ramesh Kumar said the listing provides a stronger platform to attract a diversified investor base while supporting investments in innovation, manufacturing expansion, and new technologies. He added that the milestone aligns with the company's long-term objective of building a globally competitive enterprise serving strategic sectors of the economy.

Established in 1969, RIR Power Electronics has built expertise in manufacturing high-power semiconductor components used in mission-critical applications across industries including railways, defence, electric vehicles (EVs), industrial automation, renewable energy, and power generation. These devices play an essential role in controlling, converting, and managing electrical power in modern infrastructure, making them integral to India's ongoing electrification and industrial modernization efforts.

As of July 14, 2026, the company had a market capitalization of approximately INR 1,257 crore. RIR currently operates its manufacturing facility in Halol, Gujarat, while simultaneously developing a new production plant in Bhubaneswar, Odisha. The upcoming facility is expected to strengthen manufacturing capacity and support increasing domestic demand for advanced semiconductor and power electronics products.

The NSE listing comes at a time when India's semiconductor and electronics manufacturing ecosystem is witnessing accelerated growth, supported by government initiatives such as the India Semiconductor Mission, the Production Linked Incentive (PLI) Scheme, and broader efforts to promote domestic manufacturing under the Make in India programme. Rising investments in electric mobility, renewable energy, industrial automation, and digital infrastructure are also driving sustained demand for power semiconductor devices manufactured within the country.

With an expanded presence in the capital markets and ongoing investments in manufacturing capacity, RIR Power Electronics is well positioned to capitalize on the growing opportunities in India's semiconductor value chain. The company's strengthened investor reach, combined with increasing demand for power electronics across clean energy and advanced industrial applications, is expected to support its next phase of growth while contributing to India's ambition of building a resilient domestic semiconductor ecosystem.