Hind Rectifiers Ltd. — Share Issue/Capital Change 2026

Apr 29, 2026

==> picture [519 x 75] intentionally omitted <==

Ref. No. HIRECT/SEC/2026-27/05

April 29, 2026

BSE Limited National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai 400 001 Bandra (East) Mumbai 400 051

BSE Scrip Code: 504036 NSE Symbol: HIRECT

Dear Sir/Madam,

Sub: Intimation for allotment of Equity shares against exercise of vested Employee Stock Options under ESOP Schemes of the Company

This is to inform you that, the Nomination & Remuneration Committee has approved the allotment of 4,625 equity shares of Rs. 2/- each fully paid-up on today i.e. April 29, 2026 upon exercise of Stock Options by the option grantees under the Company’s Employee Stock Option Plan 2018.

The said equity shares shall rank pari-passu in all respect with the existing equity shares of the Company.

Post this allotment, the paid-up equity share capital of the Company stands increased from Rs.6,87,35,228/- divided in to 3,43,67,614 equity shares of Rs. 2/- each to Rs. 6,87,44,478/divided in to 3,43,72,239 equity shares of Rs. 2/- each.

The details as required under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021 is attached as Annexure.

We request you take the above on record.

Thanking you,

Yours Faithfully, For Hind Rectifiers Limited

Digitally signed by Anil Kumar Anil Kumar Mathura Mathura Prasad Nemani Prasad Nemani Date: 2026.04.29 14:05:31 +05'30'

Anil Kumar Nemani Chief Financial Officer

Encl.: as above

==> picture [507 x 27] intentionally omitted <==

==> picture [527 x 63] intentionally omitted <==

Annexure

Details under Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

==> picture [441 x 514] intentionally omitted <==

----- Start of picture text -----

1 Company name and address of Registered Office:
Hind Rectifiers Limited, Lake Road, Bhandup West Mumbai 400078
2 Name of the Stock Exchanges on which the company’s shares are listed:
BSE Limited and National Stock Exchange of India Limited
3 Filing date of the statement referred in Regulation 10(b) of the SEBI (Share
Based Employee Benefits) Regulations, 2021 with Stock Exchange:
The scheme was institutionalized under the erstwhile the SEBI (Share Based Employee
Benefits) Regulations, 2014. The schemes comply with provisions of the SEBI (Share
Based Employee Benefits and Sweat Equity) Regulations, 2021.
4 Filing Number, if any: BSE case no. 129001 and NSE Application no. 26701
5 Title of the Scheme pursuant to which shares are issued, if any:
HIRECT Employees Stock Option Plan – 2018 (“ESOP 2018”)
6 Kind of security to be listed: Equity Shares
7 Par value of the shares: Rs. 2/- per share
8 Date of issue of shares: April 29, 2026 (Date of allotment on exercise)
9 Number of shares issued: 4,625 equity shares
10 Share Certificate No., if applicable: NA
11 Distinctive number of the share, if applicable: 3,43,67,615 To 3,43,72,239
12 ISIN Number of the shares if issued in Demat: INE835D01023
13 Exercise price per share: 4,625 equity shares exercised at Rs.42.50 per share
14 Premium per share: Rs. 40.50 per share
15 Total Issued shares after this issue: 3,43,72,239 (no. of equity shares)
16 Total Issued share capital after this issue: Rs. 6,87,44,478/-
17 Details of any lock-in on the shares: NA
18 Date of expiry of lock-in: NA
19 Whether shares identical in all respects to existing shares if not, when will
they become identical?
Yes, the shares rank pari passu with the existing shares
20 Details of listing fees, if payable: NA
----- End of picture text -----