$HIRECT

HIND RECTIFIERS TO REBRAND AS ‘HIRECT’ ⚡️ • 🏷️ Board approved changing the company name from Hind Rectifiers Limited to Hirect Limited, subject to shareholder and MCA approvals • 📈 Approved increase in authorised share capital from ₹10 Crore to ₹30 Crore • 🔢 Authorised equity shares to increase from 5 crore shares (FV ₹2) to 15 crore shares (FV ₹2) • 🗳️ Company will seek shareholder approval through postal ballot • 📋 Consequential amendments to Memorandum and Articles of Association also approved 🟢 Impact: Positive (Name change aligns with evolving business identity, while tripling authorised capital provides flexibility for future growth, fundraising and expansion plans.)