Hind Rectifiers has announced the record date for the allotment of bonus equity shares as Friday, March 27, 2026. This follows the company’s earlier recommendation to issue bonus equity shares in the proportion of 1:1, meaning one new fully paid-up equity share of ₹2 each for every existing equity share of ₹2 each held by shareholders as of the record date.
The company had initially communicated this proposal on February 11, 2026, and it was subject to shareholders’ approval, which has since been obtained through a postal ballot. The results of the ballot were declared on March 20, 2026.
A previous communication from the company dated March 20, 2026, mistakenly stated the value of the new bonus shares as ₹10 instead of the correct face value of ₹2. Hind Rectifiers has issued a revised intimation to rectify this error, confirming that all other details remain unchanged.
In compliance with Regulation 42 of the SEBI Listing Regulations, the company has set the record date to determine the eligibility of shareholders for the bonus issue. The deemed date of allotment for these shares is Monday, March 30, 2026, with a total of 1,71,83,807 equity shares to be issued.
The bonus shares will be available for trading on the next working day following the allotment, which is Tuesday, March 31, 2026.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Kinjal and reviewed by Aman Shukla before publication.