Hind Rectifiers Ltd. — Regulatory Filings 2021

Feb 10, 2021

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

Ref. No. HIRECT/SEC/2020-21/75 10 February 2021

Rotunda Building, Limited Dalal Street, Mumbai Bandra Kurla Complex,

BSE Limited National Stock Exchange of India Phiroz Jeejeebhoy Towers, "Exchange Plaza" 5t Floor, C-1, Block 'G' 400 001 Maharashtra Bandra (East) Mumbai 400 051

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

Sub: Cancellation/termination of MOU between the Company and Ganugra Group

Dear Sir/Madam,

We refer to our communication to the stock exchanges dated 13k February 2015 by which we have communicated to the Exchanges about the Board decision on an investment in the Gauranga Soft-tech Private Limited and Gauranga Systems Private Limited and by which the Company was to acquire stake in the said companies.

In this regard, kindly note that the Company has invested in the said companies on different dates, but the said companies are not responding on this matter.

Now the Board at the meeting held on 10 February 2021 has decided to terminate the MOU.

Kindly take the same in your records.

Thanking you,

Yours Faithfully,

For Hind Rectifiers fe Lippited Motnncdlosd Le

Meenakshi Anchlia (Company Secretary & Compliance Officer)

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