General Updates

September 24, 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: Disclosure of sale of residual part of non-operational Dehradun Plant Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762 /2026 dated January 30, 2026 In continuation of our earlier communication dated June 22, 2026 and November 6, 2025, this is to inform you that the Company has sold the non-operational Dehradun Plant by entering into a sale deed for the sale of residual part of the said Dehradun plant situated at Village Chharba, New Khasra No. 64 to 67 & 74, Chharba Langha Road, Vikas Nagar, Dehradun 248197, Uttarakhand. The detailed as required under the SEBI Listing Regulations read with SEBI Circular, are provided in the Annexure. We request you take the above on record. Thanking you, Yours Faithfully, For Hirect Limited (Formerly known as Hind Rectifiers Limited) Suhas Pawar Company Secretary & Compliance Officer ACS-36560 Encl.: as above Annexure Details under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025- CFD-POD2/I/3762 /2026 dated January 30, 2026 Sr. Particulars Details a) The amount and percentage of the turnover or Not applicable as the revenue or income and net worth contributed by said Dehradun plant such unit or division or undertaking or subsidiary was non-operational or associate company of the listed entity during the since 2023. last financial year; b) date on which the agreement for sale has been September 24, 2026 entered into; c) the expected date of completion of sale/disposal; September 24, 2026 d) consideration received from such sale/disposal; Rs.4.5 Crore e) brief details of buyers and whether any of the Mrs. Avantika Saklani buyers belong to the promoter/ promoter and Mr. Sureshchand group/group companies. If yes, details thereof; Saklani who are not related to the promoter / promoter group / group companies. f) whether the transaction would fall within related No party transactions? If yes, whether the same is done at “arm’s length”; g) whether the sale, lease or disposal of the Not applicable undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. h) additionally, in case of a slump sale, indicative Not applicable. disclosures provided for amalgamation/ merger, shall be disclosed by the listed entity with respect to such slump sale.