Hind Rectifiers Limited Allots 4,625 Equity Shares Under ESOP 2018 Scheme

Hind Rectifiers Limited has announced the allotment of 4,625 equity shares of Rs. 2 each fully paid-up on April 29, 2026, upon exercise of Stock Options by option grantees under the Company's Employee Stock Option Plan 2018. The allotment was approved by the Nomination & Remuneration Committee. The newly issued equity shares shall rank pari-passu in all respects with the existing equity shares of the Company.

Following this allotment, the paid-up equity share capital of Hind Rectifiers Limited stands increased from Rs. 6,87,35,228 divided into 3,43,67,614 equity shares of Rs. 2 each to Rs. 6,87,44,478 divided into 3,43,72,239 equity shares of Rs. 2 each. The shares were exercised at Rs. 42.50 per share, with a premium of Rs. 40.50 per share.

The distinctive numbers of the newly allotted shares range from 3,43,67,615 to 3,43,72,239. The ISIN Number of the shares issued in Demat form is INE835D01023. The ESOP 2018 scheme complies with the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Key Details of ESOP Allotment

Parameter Details Scheme Name HIRECT Employees Stock Option Plan – 2018 (ESOP 2018) Date of Allotment April 29, 2026 Number of Shares Issued 4,625 equity shares Par Value Rs. 2 per share Exercise Price Rs. 42.50 per share Premium Rs. 40.50 per share Total Shares Post-Issue 3,43,72,239 equity shares Total Paid-up Capital Post-Issue Rs. 6,87,44,478 ISIN Number INE835D01023

The Company's shares are listed on BSE Limited (Scrip Code: 504036) and National Stock Exchange of India Limited (Symbol: HIRECT). The filing numbers for this allotment are BSE case no. 129001 and NSE Application no. 26701.

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:

Parameter: Details Filing Date: April 9, 2026 Quarter Ended: March 31, 2026 Regulation: SEBI Regulation 74(5) Filed By: Anil Kumar Nemani, CFO Exchanges: NSE and BSE

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.

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