Hind Rectifiers Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026. The company filed this regulatory document on April 9, 2026, through its Chief Financial Officer, Anil Kumar Nemani.

Regulatory Compliance Details

The compliance certificate was submitted to both major stock exchanges as part of the company's ongoing regulatory obligations:

Registrar Confirmation Certificate

Adroit Corporate Services Private Limited, serving as the company's Registrar and Transfer Agent, issued the confirmation certificate dated April 1, 2026. The certificate confirms compliance with dematerialisation processes during the quarter ended March 31, 2026.

Key Compliance Confirmations

The registrar's certificate provides several important confirmations regarding the company's share dematerialisation processes. Securities received from depository participants for dematerialisation during the quarter were properly confirmed to the depositories, with appropriate acceptance or rejection procedures followed.

The certificate also confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners within the stipulated 15-day timeframe.

Corporate Information

Hind Rectifiers Limited operates from its registered office at Lake Road, Bhandup (W), Mumbai - 400078. The company trades on NSE under the symbol 'HIRECT' and on BSE with scrip code 504036, maintaining regular compliance with all regulatory requirements.

Hind Rectifiers Limited has announced the successful allotment of bonus equity shares to its eligible shareholders through a circular resolution passed by the Board of Directors on March 30, 2026. The company has allotted 1,71,83,807 bonus equity shares of face value Rs. 02/- each in a 1:1 proportion to shareholders.

Bonus Share Allotment Details

The bonus issue was structured to provide one new fully paid-up equity share of Rs. 02/- each for every one existing fully paid-up equity share of Rs. 02/- each held by eligible members. The record date for determining eligible shareholders was set as March 27, 2026, and shareholders whose names appeared in the Register of Members or Register of Beneficial Owners on this date are entitled to receive the bonus shares.

Impact on Share Capital Structure

The bonus share allotment has significantly impacted the company's capital structure, effectively doubling the paid-up share capital:

Effective Listing Date Clarification

Following the allotment, Hind Rectifiers Limited has provided important clarification regarding the effective listing date of the bonus shares. The company informed BSE Limited that while the deemed date of allotment is March 30, 2026, and the initially specified effective listing date was March 31, 2026, the actual trading will commence from April 1, 2026.

The adjustment in the effective listing date is due to March 31, 2026 being a trading holiday. Chief Financial Officer Anil Kumar Nemani signed the clarification letter addressed to BSE Limited, ensuring proper communication of this timeline adjustment.

Shareholder Benefits and Regulatory Compliance

The newly allotted bonus equity shares will rank pari-passu in all respects with the existing fully paid-up equity shares of the company, ensuring equal rights and benefits for all shareholders. The company has committed to crediting the bonus shares to eligible shareholders' accounts within the statutory time limits as prescribed by regulatory authorities.

The bonus share allotment has been conducted in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Hind Rectifiers Limited has duly informed both the National Stock Exchange Limited and BSE Limited about this corporate action, ensuring full compliance with listing requirements and transparency obligations.