Hirect Ltd

Fund Raise

Hind Rectifiers Fund Raise of ₹100 Cr

Hind Rectifiers Limited is raising ₹100 Crore via a preferential allotment of 10.86 lakh warrants to Tata Mutual Fund. The capital raise strengthens the company's financial position.

Value

₹100.0 Cr

Fund Raise

Hind Rectifiers Fund Raise of ₹100 Cr

Hind Rectifiers Limited approved a ₹100 Crore preferential issue to Tata Mutual Fund at ₹920.50 per share. This strategic fundraise will strengthen the company's capital base.

Value

₹100.0 Cr

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Hind Rectifiers Fund Raise

Hind Rectifiers Ltd plans a fund raise via preferential equity issuance. The board will consider this additional agenda item on May 16, 2026.