Industrial Products
Bonus30 March 2026 at 01:21 pm

Hind Rectifiers Ltd Announces 1:1 Bonus Issue of Equity Shares

AI Summary

Hind Rectifiers Ltd has announced a bonus issue of equity shares in the ratio of 1:1, i.e., one new fully paid-up equity share for every one existing fully paid-up equity share. The record date for this purpose is March 27, 2026. The bonus shares will be credited to the shareholders within the statutory time limits. The company's paid-up equity share capital will increase from Rs. 3,43,67,614/- to Rs. 6,87,35,228/- post the bonus issue.

Key Highlights

  • Hind Rectifiers Ltd announces a 1:1 bonus issue of equity shares.
  • The record date for the bonus issue is March 27, 2026.
  • The bonus shares will be credited to shareholders within the statutory time limits.
  • The company's paid-up equity share capital will increase from Rs. 3,43,67,614/- to Rs. 6,87,35,228/- post the bonus issue.
  • The bonus equity shares will rank pari-passu with the existing fully paid-up Equity Shares of the Company.