1:1 Bonus Share Issue Fuels Momentum: Buy Opportunity? Key Levels To Watch Before Record Date—July 11

Formerly known as Ruttonsha International Rectifier Ltd., RIR Power Electronics is a multinational semiconductor company with a focus on power electronics. The company creates and supplies semiconductor devices, modules, and equipment as well as other products and solutions for the power electronics ecosystem. RIR Power Electronics' stock wrapped up Monday, July 7, 3.26% higher on the BSE at Rs 2744.20 a share, with a market value of Rs 2,105.82 Cr. The Board of Directors' announcement of the record date for bonus shares served as the catalyst for the upward momentum rally.

RIR Power Electronics Bonus Shares

"Pursuant to provisions of Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are hereby informing you that the Company has fixed Friday, 11th July, 2025 as a Record date for the purpose of ascertaining the eligibility of shareholders entitled for issuance of Bonus Equity Shares in the ratio of 1:1," said RIR Power Electronics in a stock exchange filing.

RIR Power Electronics News

The successful expansion of manufacturing and shipping of 1200V SiC diodes from Taiwan was recently reported by RIR Power Electronics Ltd. By utilizing the technical intellectual property that RIR Power had purchased from Sicamore Semi, USA, and forming a strategic partnership with a contract fab at Pro Asia Semiconductor Corporation (PASC), Taiwan, this significant accomplishment was accomplished.

The product line comprises 1200V Schottky Barrier Diodes (SBDs) with ratings ranging from 2 amps to 60 amps, which cover the most widely used ratings in a variety of applications and markets across the world. In addition to catering to current domestic Indian and American clients, shipping from Taiwan offers SiC devices better access to key, rapidly expanding markets in Southeast Asia.

Produced at PASC's cutting-edge fabrication plant in Taiwan, the 1200V SiC diodes have been transported to India and verified to satisfy international industry requirements. Ankit Plastics (India) and Richardson Electronics (USA), two important suppliers to the commercial, industrial, and defence sectors, have already placed purchase orders with RIR Power.

"This achievement marks a significant leap for RIR's power electronics manufacturing capabilities and helps to expedite the ramp up and shipment of SiC devices on 6-Inch wafers from RIR's proposed Odisha Fab," said Dr. Harshad Mehta, Chairman & Director, RIR Power Electronics Ltd. "By successfully scaling up world-class SiC technology, RIR Power is positioned to serve global high-growth markets including automotive, industrial, renewable energy, and defence, while strengthening the domestic semiconductor ecosystem."

RIR Power Electronics Share Price Target

"RIR Power stock price is bullish on the Daily charts with strong support at 2709. A Daily close above resistance of 2860 could lead to a target of 3132 in the near term," commented A R Ramachandran, independent research analyst.

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