General Updates

June 25, 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: Update on the Incorporation of a Wholly Owned Subsidiary in Dubai International Financial Centre, United Arab Emirates In continuation of our letter dated March 13, 2026 relating to the incorporation of a wholly owned subsidiary in the United Arab Emirates, we would like to inform that Hind Rectifiers Limited (“Company”), has incorporated a wholly-owned subsidiary namely Hirect Global Holdings Limited, in Dubai International Financial Centre, United Arab Emirates, on June 25, 2026. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are attached as Annexure A. 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 Annexure A Sr. Particulars Details 1. Name of the entity, date & country of Hirect Global Holdings Limited ("Hirect GHL") incorporation, etc. June 25, 2026 United Arab Emirates 2. Name of holding company of the Hirect GHL is a wholly owned subsidiary of the incorporated company and relation with Company and hence is a related party of the the listed entity. Company. 3. Industry to which the entity being Investment holding company. incorporated belongs. 4. Brief background about the entity Hirect GHL shall act as an investment holding incorporated in terms of products / line of company to oversee the investments globally. business. 5. Brief details of any governmental or Not applicable. regulatory approvals required for the incorporation. 6. Nature of consideration - whether cash Cash consideration. consideration or share swap and details of the same. 7. Cost of subscription / price at which the Hirect GHL is incorporated with authorized shares are subscribed. capital of AED 150,000 divided into 150 shares of AED 1,000 each. 8. Percentage of shareholding / control by 100% of the shareholding of Hirect GHL is held the listed entity and / or number of shares by the Company. allotted.