Hind Rectifiers Ltd. — Board/Management Information 2022

Aug 13, 2022

Address : Lake Road, Bhandup (W), Munmbai - 400078. Tel. : +91-22-25696789 Fax: +91 -22-25964114 Email : corporate@hirect.com / marketing@hirect.com CIN : L28900IMH1958PLC011077 HIND RECTIFIERS LIMITED Website : www.hirect.com

Ref. No. HIRECT/SEC/2022-23/33 August 13, ²⁰²²

BSE Limited National Stock Exchange of India Limited , Rotunda Building, "Exchange Plaza" 5th Floor, C-1, Block 'G' Phiroz Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai Bandra (East) Mumbai 400 051 400 001 Maharashtra

Security Code No.: 504036 Symbol: HIRECT Type of Security: Equity

Sub: Intimation of appointment of Statutory Auditors

Dear Sir/ Madam,

Pursuant to Section 139 of the Companies Act, 2013 and the rules made thereunder which mandate rotation of statutory auditors, we wish to inform you that the Shareholders, at the 64» Annual General Meeting, have appointed M/s GMJ & Co (Firm Registration Number 103429W) as the Statutory Auditors of the Company for a period of five years from the conclusion of 64 Annual General Meeting (2022) of the Company till the conclusion of 69" Annual General Meeting (2027).

The details are as under:

Particulars	Details
Reason for change	Mandatory rotation of statutory auditors pursuant to conclusion of the term of the incumbent statutory auditors as per the provisions of the Companies Act, 2013
Date of Appointment and Terms of Appointment	64'" Annual General Meeting - August 9, 2022
	For a term of 5 years commencing from 64th Annual General Meeting.
Brief Profile	M/s GMJ & Co is a_ midsized Chartered Accountants firm having experience of more than thirty-five years. The Firm's different verticals are headed by Senior Partners. The firm is involved in carrying out professional assignments in the areas of Auditing & Assurance - including Statutory & Internal Audits, Direct Taxation, Indirect Taxation, Corporate Laws, Corporate Advisory Services, Financial Services, etc. The firm caters to diverse industries and supports them in their growth. The Firm's clientele range from Small and Medium Enterprises (SMEs) to Listed Companies.

Perfectly Engineered Power Conversion Systems

We request you to take the above on records and disseminate it.

Thanking you,

Yours Faithfully,

For Hind Rectifiers Limited

MEENAK SHI ANCHLIA Digitally signed by MEENAKSHI ANCHLIA Date: 2022.08.13 09:37:26 +05'30'

Meenakshi Anchlia

(Company Secretary & Compliance Officer)