Hind Rectifiers Limited has informed the Exchange that Record date for the purpose of Bonus is 27-Mar-2026.
HIRECT · price
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Hind Rectifiers has fixed March 27, 2026 as the record date for its 1:1 bonus issue (one new equity share for every one existing share). Shareholders had already approved the bonus through a postal ballot, with results declared on March 20, 2026. The company will allot 1,71,83,807 bonus equity shares, with the deemed allotment date set as March 30, 2026, and the bonus shares will start trading on March 31, 2026. The bonus shares will rank pari-passu with existing equity shares.
The 1:1 bonus will double the number of outstanding shares, improving liquidity and making the stock more accessible to retail investors. While the share price typically adjusts downward on the ex-date, overall shareholder value remains unchanged.