Hind Rectifiers Ltd. Sets Record Date for Bonus Equity Share Allotment
Hind Rectifiers Ltd. has announced Friday, March 27, 2026, as the record date for shareholders eligible to receive a bonus equity share allotment. The decision follows a shareholder vote conducted via postal ballot, with results declared on March 20, 2026.The bonus share issuance, previously announced on February 11, 2026, involves the distribution of one new equity share valued at Rs. 02 for every existing equity share of Rs. 02 held by shareholders. The company previously issued an incorrect value of Rs. 10 for the new bonus shares and has rectified the information in this revised communication.
The deemed date of allotment for the bonus equity shares is Monday, March 30, 2026, and a total of 1,71,83,807 new shares will be issued. These shares are expected to be available for trading on Tuesday, March 31, 2026.
| Deemed date of allotment | Monday, March 30, 2026 |
|---|---|
| No. of shares | 1,71,83,807 Equity Shares |
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.