HIRECTNSEHind Rectifiers Limited· Electronics - IndustrialHighPositive
Announced Thu, 3 Jul · 12:12 IST

Hind Rectifiers Limited has informed the Exchange that Record date for the purpose of Dividend is 22-Jul-2025.

Corporate Actions View source PDF

HIRECT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Hind Rectifiers has fixed Tuesday, July 22, 2025, as the record date to determine shareholders eligible for the final dividend for FY ended March 31, 2025. The Board has recommended a dividend of ₹2 per equity share on a face value of ₹2 (i.e., 100%), pending shareholder approval at the 67th AGM scheduled for July 29, 2025. Dividend payment (after TDS deduction) will be made within a week of the AGM to both demat and physical shareholders. The dividend amount is on par with the share's face value, indicating a strong payout relative to capital.

Likely market impact

Investors who buy the stock before the ex-date (typically one day before the record date) will be eligible to receive the ₹2 per share dividend. The 100% dividend on face value is a generous payout, though actual yield will depend on the current market price.