Pursuant to the circular received from BSE dated March 24, 2026, for approval of record date and as per Annexure I thereof, the deemed date of allotment is March 30, 2026, and the effective ....
HIRECT · price
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Hind Rectifiers had approved a bonus issue at its Board meeting on February 11, 2026, which was later cleared by shareholders on March 19, 2026. The BSE had set the deemed date of allotment as March 30, 2026, with the effective listing date originally pegged at March 31, 2026. However, since March 31 is a trading holiday, the bonus shares will now be listed and available for trading from April 1, 2026 instead. The company has informed BSE of this calendar adjustment so the market can update its records accordingly.
This is a minor administrative update with no material impact on shareholders — the bonus entitlement remains unchanged, only the trading commencement shifts by one day due to a market holiday.