Hind Rectifiers Ltd. — Board/Management Information 2020

Nov 6, 2020

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HIND RECTIFIERS LIMITED

Ref. No. HIRECT/SEC/2020-21/54

Address : Lake Road, Bhandup(W), Mumbai-400078 Tel. :+91-22-25696789 Fax: +91-22-25964114 Email : corporate@hirect.com/marketing@hirect.com CIN : L28900MH1958PLC011077 Website : www.hirect.com

6[th ] November 2020

BSE Limited National Stock Exchange of India Limited Rotunda Building, “Exchange Plaza” 5[th] 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/HIRECT Type of Security: Equity

Sub: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Resignation of Independent Director

Dear Sir/Madam,

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) read with Para A of Part A of Schedule III to the Listing Regulations, we wish to inform that Mr. B. K. Patodia (DIN: 00003516) has stepped down from the position of the “Non-Executive Independent Director” of the Company with effect from today, i.e., November 6, 2020. The Company appreciates his valuable contribution and support during his term as the Director of the Company.

Further, please see below requisite disclosure as per Regulation 30 read with Para A of Part A of Schedule III to the Listing Regulations:

S. No.		Disclosure Requirement	Details
1.		ReasonforChangeviz.appointment,resignation,removal, death or otherwise	Resignation due to entirely personal reasons.Mr. B. K. Patodia was appointed as the Director of theCompany with effect from April 18, 2007. He has given hisresignation from the position of the Independent Directorof the Company with effect from today, i.e., November 6,2020.
2.		Date ofAppointment/Cessation(asapplicable)&termofAppointment	November 6, 2020.

Further, Mr. B. K. Patodia will submit his confirmation that there are no material reasons for his resignation other than those mentioned in his resignation letter in due course.

Request you to kindly take the above on records.

Thanking you,

Yours Faithfully,

For Hind Rectifiers Limited

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Meenakshi Anchlia (Company Secretary & Compliance Officer)

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