Hind Rectifiers Ltd. has decided to give bonus shares to its investors after a gap of 17 years. The company will offer one bonus share for every one share held.
The company has also announced the record date for this bonus issue, which falls later this month.
Record Date and Eligibility Details
In a filing with the stock exchange, Hind Rectifiers Ltd. confirmed that the bonus shares will be issued in a 1:1 ratio.
The record date is March 27, 2026. This means only those investors whose names are listed in the company’s records on that date will receive the bonus shares.
The company had last issued bonus shares in 2008, when it also gave one share for every one share held.
Stock Performance of Hind Rectifiers
At the close of trading on Friday, the share price of Hind Rectifiers Ltd. was ₹1,485.80, after a fall of 0.89% on the BSE.
Here’s how the stock has performed:
Last 3 months: Up by 5.45%
1 year: Gained 50.58%
52-week high: ₹2,101
52-week low: ₹817.25
Market cap: ₹2,553 crore
Strong Long-Term Returns for Investors
The stock has delivered impressive returns over time:
3 years: Up by 155%
5 years: Up by 1,054%
10 years: Up by 2,416%
Investors who held the stock for three years have gained around 637%, showing strong long-term growth.
Shareholding Pattern
As of the December quarter:
Promoters’ holding: 43.93%
Public holding: 56.07%
There has been no change in the shareholding pattern.
