Shareholders meeting

July 14, 2026 BSE Limited National Stock Exchange of India Limited Phiroz Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Bandra Kurla Complex, Mumbai 400 001 Bandra (East) Mumbai 400 051 BSE Scrip Code: 504036 NSE Symbol: HIRECT Dear Sir/Madam, Sub: Submission of Annual Report of the Company for the financial year 2025-26 along with the Notice of the 68th Annual General Meeting. Pursuant to Regulations 30, 34 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report for the financial year 2025-26 along with the Notice of 68th Annual General Meeting (AGM) of the Company to be held on Tuesday, August 11, 2026 at 01:00 p.m. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The Company is providing e-voting facility to its shareholders in respect of resolutions to be passed at the AGM. The Company has engaged the services of National Securities Depository Limited (NSDL) as the authorized agency to provide remote e-voting facility. The remote e-voting period begins on Friday, August 7, 2026, at 09:00 a.m.(IST) and ends on Monday, August 10, 2026 at 05:00 p.m.(IST). The cut-off date for voting (including remote e-voting) shall be Tuesday, August 4, 2026. The detailed instructions with respect to voting have been mentioned in the Notice of AGM. The Annual Report 2025-26 and the Notice of AGM is being sent only through electronic mode to the Members of the Company whose e-mail address are registered with Depositories/ the Company/the Registrar to an Issue and Share Transfer Agent (RTA) in compliance with the applicable circulars issued by the SEBI and the Ministry of Corporate Affairs in this regard from time to time. A letter providing the web-link, including the exact path and QR code, where the Annual Report for the financial year 2025-26 is available, is being sent to those members whose e-mail address is not registered with Depositories/ the Company/the RTA. The Annual Report and the Notice of the AGM can also be accessed from the website of the Company at www.hirect.com, National Securities Depository Limited (NSDL) at www.evoting.nsdl.com, Stock Exchanges i.e. BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com respectively. The PDF version of Annual Report and Annual General Meeting Notice can be accessed/downloaded from the web-links given below: Annual Report https://hirect.com/wp-content/uploads/2026/07/Annual-Report-2025-26.pdf Notice of AGM https://hirect.com/wp-content/uploads/2026/07/AGM-Notice-2025-26.pdf We request you take the above on record. Thanking you, Yours faithfully, For Hind Rectifiers Limited Suhas Pawar Company Secretary & Compliance officer ACS-36560 Encl.: as above. Corporate Overview Statutory Reports Financial Statements HIND RECTIFIERS LIMITED CIN: L28900MH1958PLC011077 Registered Office.: Lake Road, Bhandup (W), Mumbai - 400078 E-mail: investors@hirect.com; Website: www.hirect.com Tel.: +91 22 49601775 NOTICE NOTICE is hereby given that the 68th Annual General Meeting 3. To appoint a director in place of Mr. Parimal Merchant (“AGM”) of the Members of HIND RECTIFIERS LIMITED will (DIN: 00201962), who retires by rotation and, being be held on Tuesday, August 11, 2026, at 01:00 p.m. (IST) eligible, offers himself for re-appointment. through Video Conferencing (“VC”)/Other Audio-Visual Means To consider and, if thought fit, to pass the following (“OAVM”) to transact the following businesses: resolution as an Ordinary Resolution: ORDINARY BUSINESS “RESOLVED THAT in accordance with the provisions of Section 152 and other applicable provisions of 1. To receive, consider and adopt (a) the audited standalone the Companies Act, 2013, Mr. Parimal Merchant financial statement of the Company for the financial (DIN: 00201962), who retires by rotation at this meeting year ended March 31, 2026, and the reports of the Board and being eligible offers himself for re-appointment, of Directors and Auditors thereon; and (b) the audited be and is hereby re-appointed as a Director of the consolidated financial statement of the Company for Company, liable to retire by rotation.” the financial year ended March 31, 2026 and the report of Auditors thereon. SPECIAL BUSINESS To consider and, if thought fit, to pass the following 4. Ratification of Remuneration to Cost Auditors resolutions as Ordinary Resolutions: To consider and, if thought fit, to pass the following a) “RESOLVED THAT the audited standalone financial resolution as an Ordinary Resolution: statement of the Company for the financial year “RESOLVED THAT pursuant to the provisions of Section ended March 31, 2026 and the reports of the Board of 148 and other applicable provisions, if any, of the Directors and Auditors thereon, as circulated to the Companies Act, 2013, read with the Companies (Audit Members, be and are hereby received, considered and Auditors) Rules, 2014, including any statutory and adopted.” modification(s) or re-enactment(s) thereof for the time b) “RESOLVED THAT the audited consolidated financial being in force, the remuneration of ` 80,000 (Rupees Eighty statement of the Company for the financial year Thousand only) plus applicable taxes and reimbursement ended March 31, 2026 and the report of Auditors of actual out of pocket expenses incurred in connection thereon, as circulated to the Members, be and are with the audit, payable to M/s. N. Ritesh & Associates, hereby received, considered and adopted.” Cost Accountants (Firm Registration No. R100675), who have been re-appointed by the Board of Directors on the 2. To declare dividend on equity shares for the financial recommendation of the Audit Committee, as the Cost year ended March 31, 2026. Auditors to conduct the audit of the cost records of the To consider and, if thought fit, to pass the following Company for the financial year ending March 31, 2027, be resolution as an Ordinary Resolution: and is hereby ratified. “RESOLVED THAT dividend at the rate of ` 1.40 (Rupees R ESOLVED FURTHER THAT for the purpose of giving One and Forty Paisa only) per equity share, i.e. 70% of effect to this resolution, the Board of Directors of the face value of ` 2/- (Rupees Two only) each on fully paid- Company be and is hereby authorized to take from time to up equity shares of the Company, as recommended by time all decisions and to do all such acts, deeds, matters the Board of Directors, be and is hereby declared for the and things, as it may in its absolute discretion, deem financial year ended March 31, 2026.” fit, necessary or appropriate and settle any question, difficulty or doubt that may arise in this regard at any hirect.com stage without requiring the Board to secure any further Income Tax Act, 1961, payment of Gratuity as per prevailing consent or approval of the Members of the Company.” applicable laws, provision of Company Car & driver and Mobile Phone for official duties shall not be included in 5. Re-appointment of Mr. Suramya Nevatia (DIN:06703910) the computation of the ceiling on remuneration. as the Managing Director for a period of 3 years w.e.f August 17, 2026. R ESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorized to do all such acts, To consider and, if thought fit, to pass the following deeds, and things as in its absolute discretion it may think resolution as a Special Resolution: necessary, expedient or desirable; to settle any question “RESOLVED THAT pursuant to the provisions of Sections or doubt that may arise in relation thereto in order to give 196, 197, 198, 203 and other applicable provisions, if any, effect to the foregoing resolution.” of the Companies Act, 2013 (Act) read with Schedule V to the Act and the Companies (Appointment and 6. Revision in remuneration payable to Mrs. Akshada Remuneration of Managerial Personnel) Rules, 2014 Nevatia (DIN:05357438), Executive Director during the (inclu [Showing first 8,000 characters — download PDF for full document]