Hind Rectifiers Limited has informed the Exchange about General Updates. - Revised Intimation of Record Date. In our earlier communication dated March 20, 2026, we inadvertently mentioned the value of the new bonus shares as Rs. 10/- (Rupees Ten Only) instead of current face value of the company of Rs. 02/- (Rupees Two Only). We regret this inadvertent error and are submitting this revised intimation to rectify the same. All other details of the aforesaid communication remain unchanged. In terms of Regulation 42 of the SEBI Listing Regulations, we wish to inform you that the Company has fixed Friday, March 27, 2026, as the Record Date for determining the eligibility of shareholders for issuance and allotment of Bonus Shares.
HIRECT · price
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Hind Rectifiers has fixed Friday, March 27, 2026, as the record date for its 1:1 bonus share issue, meaning shareholders will get one bonus share for every one share they hold. The company will allot 1,71,83,807 bonus equity shares at a face value of Rs. 2 each, with the deemed allotment date set for March 30, 2026, and trading expected to begin on March 31, 2026. Shareholders had already approved the bonus issue through a postal ballot, with results declared on March 20, 2026. This revised filing is a correction to an earlier communication that mistakenly stated the face value of the bonus shares as Rs. 10 instead of the correct Rs. 2; all other details remain unchanged.
Eligible shareholders will see their shareholding double after the record date, though the stock price is expected to adjust downward accordingly around the ex-date. This is a technical correction filing rather than a change in the bonus terms, so there is no material change for investors beyond confirming the timeline.