Announced Fri, 10 Jul · 19:11 IST
Hind Rectifiers name change to Hirect approved by shareholders
Corporate Actions View source PDF
HIRECT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.8%1-day move
₹1055.70
prior close
₹1044.60
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.7+2.7+2.2+2.2+0.8+20.8+21.0+18.2+19.7+21.2————
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AI summary
Shareholders of Hind Rectifiers approved four resolutions via postal ballot on July 10, 2026, with over 99.9 percent votes in favor on each. Resolutions include changing the company name to Hirect Limited, increasing authorised share capital, raising borrowing limits under Section 180(1)(c), and allowing creation of mortgage or charge on company assets under Section 180(1)(a). About 1.73 crore shares were voted by 129 members out of 22,610 eligible shareholders.
Likely market impact
Company will rebrand to Hirect Limited; expanded borrowing and capital flexibility to support future growth plans.