Description
NSE notifies listing and trading of bonus issue shares of Hind Rectifiers Limited (HIRECT) effective April 01, 2026, with 1,71,83,807 new equity shares allotted under ISIN INE835D01023.
Summary
NSE has notified the listing and commencement of trading of equity shares of Hind Rectifiers Limited issued pursuant to a bonus issue. The new shares will be admitted to dealings on the NSE Capital Market segment effective April 01, 2026, under the existing symbol HIRECT.
Key Points
- 1,71,83,807 new equity shares of Hind Rectifiers Limited admitted to trading on NSE Capital Market segment
- Symbol: HIRECT | ISIN: INE835D01023
- Distinctive number range: 17183808 to 34367614
- Effective date for trading: April 01, 2026
- Issued under Download Ref No: NSE/CML/73440, Circular Ref No: 0503/2026
Regulatory Changes
No new regulatory changes introduced. The listing is pursuant to Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which governs admission of securities to dealings on the exchange.
Compliance Requirements
- Members must identify the security only by its designated codes for trading purposes.
- This circular is effective from April 01, 2026; members should update their systems accordingly.
Important Dates
- Record Date: March 27, 2026
- Deemed Date of Allotment: March 30, 2026
- Effective Date for Trading: April 01, 2026
Impact Assessment
Existing shareholders of Hind Rectifiers Limited will receive bonus shares as of the record date (March 27, 2026). The total share count will increase by 1,71,83,807 shares, which may dilute the per-share price proportionately. The new shares will be fully tradeable from April 01, 2026. Market members should ensure their trading systems recognize the updated security details under HIRECT.
Impact Justification
Routine bonus issue listing notification for a mid-cap stock; impacts existing shareholders of Hind Rectifiers Limited with new shares tradeable from April 01, 2026.