Board of Hind Rectifiers to consider rights issue

On 15 January 2017

Hind Rectifiers announced that a meeting of the Board of Directors of the Company will be held on 15 January 2017, inter alia :

1. To consider the appointment of Additional Director (Woman) of the Company;

2. To consider the appointment of Vandan Shah as Additional Director of the Company; and

3. To consider in principle, the issue of equity shares of the face value of Rs. 2/- each on a right basis (rights issue) to the existing equity shareholders of the Company.

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