Hind Rectifiers Ltd. — Share Issue/Capital Change 2025

Jul 29, 2025

Ref. No. HIRECT/SEC/2025-26/30 Date: July 29, 2025

To,	To,
The General Manager,	The General Manager,
National Stock Exchange Limited	BSE Limited,
Exchange Plaza, Bandra-Kurla Complex, — Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (East), Mumbai-400051.	Mumbai- 400 001.
NSE Symbol: HIRECT	BSE Scrip Code: 504036

Subject: Outcome of Board Meeting of Hind Rectifiers Limited held on July 29, 2025, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('Listing Regulations'):

Reference: Prior Intimation of Board Meeting dated July 24, 2025:

Dear Sir/Ma'am,

With reference to captioned subject and reference, we wish to inform you that the Board of Directors ("the Board") of the Company at its meeting held today ie., on July 29, 2025, has, inter-alia, considered and approved:

a) Issue of 2,00,000 (Two Lakhs) warrants on a preferential basis to certain identified persons for cash consideration at an issue price of Rs. 1368.23/- per equity warrant aggregating of Rs. 27,36,46,000/- (Indian Rupees Twenty-Seven crores Thirty-six lakhs and Forty-Six thousand Only) on a preferential basis ("Preferential Issue") in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 ("ICDR Regulations"), as amended and other applicable laws, subject to the receipt of necessary approvals including approval of the Shareholders of the Company and other regulatory / statutory approvals, as may be required, in this regard.

The details regarding the issuance of securities as required pursuant to the Listing Regulations read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are set out in ("Annexure A").

b) The proposal to conduct Postal Ballot process for seeking approval of the shareholders of the Company for the aforesaid agenda items and approved the approval of the draft notice dated July 29, 2025, for the same. The notice of the said postal ballot shall be submitted to the Stock Exchanges in due course in compliance with provisions of SEBI Listing Regulations.

Hind Rectifiers Limited

The meeting commenced at 10:45 am and concluded at 12:25 pm

Kindly take the above on record.

For Hind Rectifiers Limited

Masnaboli drclhs

Meenakshi Anchlia Company Secretary M. No. A30545

Place: Mumbai Date: July 29, 2025

Hind Rectifiers Limited

Annexure A

THE DETAILS AS REQUIRED UNDER REGULATION 30 OF SEBI LISTING REGULATIONS READ WITH

SEBI CIRCULAR SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ARE AS UNDER:

		hirect.com
	ri.
Hind	Limited Rectifiers
	Annexure A
THE	DETAILS AS REQUIRED UNDER REGULATION 30 OF SEBI LISTING REGULATIONS READ WITH
	SEBI CIRCULAR SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ARE AS UNDER:
	Sr. No. Particulars	Details
a.	proposed Type issued securities be of to equity shares, convertibles etc.)	(viz. Fully Convertible Equity Warrants
b.	Type issuance public offering, (further of (ADR/GDR), depository qualified receipts issue, institutions placement, preferential allotment etc.)	rights Preferential Allotment
Cc.	Total number of securities proposed to be issued or Up	Convertible 200,000 Fully to
	the total amount for which the securities will be Warrants issued (approximately)	convertible equal into number of Equity Shares of face value of Rs. 2/- each, to person belonging to
d.	In case of preferential issue, the listed entity shall disclose the following additional details	"Promoter Group".
	to the stock exchange(s):
i	Names of the Investors	No. of Investor: 01
		For other details refer to Annexure Al
ii.	outcome allotment Post securities of of - subscription, issue price / allotted price (in case of Warrant convertibles), number of investors	the Approved Issue Price: Rs. 1368.23 per
		For other details refer to Annexure Al
iii.	in case of convertibles - intimation on conversion of 25% securities or on lapse of the tenure of the instrument Warrants shall be payable at the time	of the total consideration of the of application and the balance would be payable at the time of conversion of the Warrants into Equity Shares.
		Warrant Each convertible into is 1 Equity Share and the conversion can exercised within any time be at a period of 18 months from the date of allotment, in one or more tranches, as may and such other case on the be terms and conditions as applicable.
iv.	In case of bonus issue the listed entity shall disclose Not Applicable. following additional stock details the the to exchange(s)
Vv.	termination proposal cancellation any or of issuance of securities including reasons thereof.	for Not Applicable.

Hind Rectifiers Limited Annexure Al:

THE NAMES OF THE PROPOSED ALLOTTEES OF EQUITY SHARES TO THE NON- PROMOTER, PUBLIC CATEGORY, TO BE ALLOTTED ON PREFERENTIAL BASIS:

Hind	ri. Rectifiers	Limited
Annexure Al: NAMES PROPOSED ALLOTTEES SHARES EQUITY THE THE TO OF OF PROMOTER, PUBLIC CATEGORY, TO BE ALLOTTED ON PREFERENTIAL BASIS:
Sr. No. the	Name Allottee Share of	of Category (Promoter/non- Equity Proposed promoter)	No. Shares to)		of Outcome of Investment (up amount (INR) (Approx.)	the Type of consideration
1.	Warrants Elventive Promoter Tech Private Limited	Group	2,00,000		27,36,46,000	Cash
Total			2,00,000		27,36,46,000	-