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RIR Power Electronics Limited is a prominent player offering various quality electronic products. Formerly known as Ruttonsha International Rectifier Limited, the company is at the forefront of manufacturing power semiconductor devices and high-power equipment. | RIR Power Electronics Limited is a prominent player offering various quality electronic products. Formerly known as Ruttonsha International Rectifier Limited, the company is at the forefront of manufacturing power semiconductor devices and high-power equipment. | ||
==History== | |||
The Company was incorporated in 1969. Formerly, it was known as RIR International Rectifier Ltd. In 1969, Ruttonsha got into a joint venture with International Rectifier of Los Angles, U.S.A., for manufacture of semiconductors and so the present Company began in an annexe of "International House".<ref>https://www.goodreturns.in/company/rir-power-electronics/history.html</ref> | |||
==Background== | ==Background== | ||
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==Acquistions== | ==Acquistions== | ||
Ruttonsha International Rectifier Ltd. acquired Visicon Power Electronics Private Limited from Silicon Power Corporation for INR 21.03 million on December 28, 2021. <ref> https://www.marketscreener.com/quote/stock/RIR-POWER-ELECTRONICS-LIM-46729294/news/Ruttonsha-International-Rectifier-Ltd-acquired-Visicon-Power-Electronics-Private-Limited-from-Silic-37462481/</ref> | Ruttonsha International Rectifier Ltd. acquired Visicon Power Electronics Private Limited from Silicon Power Corporation for INR 21.03 million on December 28, 2021.<ref> https://www.marketscreener.com/quote/stock/RIR-POWER-ELECTRONICS-LIM-46729294/news/Ruttonsha-International-Rectifier-Ltd-acquired-Visicon-Power-Electronics-Private-Limited-from-Silic-37462481/</ref> |