Hind Rectifiers Limited has informed the Exchange that the Board of Directors at its meeting held on February 11, 2026, have considered and approved bonus at the ratio of 1 : 1, i.e 1 Equity Shares for every 1 Equity Shares held.
HIRECT · price
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The Board of Directors of Hind Rectifiers Limited, at its meeting on February 11, 2026, approved a bonus issue in the ratio of 1:1, meaning shareholders will receive 1 free equity share for every 1 equity share held. This effectively doubles the total number of outstanding shares. The record date and other timeline details are expected to be communicated separately. Bonus shares are issued out of the company's reserves and do not involve any cash outflow.
Shareholders' total value remains unchanged, but the share price will typically adjust downward on the ex-date to reflect the doubled share count. The bonus signals management's confidence in the company's reserves and future growth prospects.