A meeting of the Board of Directors of Hind Rectifiers Ltd will be held on January 15, 2017, to consider the appointment of Additional Director (Woman) of the Company.
The Board will consider the appointment of Mr. Vandan Shah as Additional Director of the Company; and 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.
In this connection, as per the Company's Code of conduct for Prohibition of Insider Trading, the trading window for dealing in the securities of the Company is remain closed for all the insiders covered under the code from January 11, 2017 to January 17, 2017 (both days inclusive).
Shares of HIND RECTIFIERS LTD. was last trading in BSE at Rs.98 as compared to the previous close of Rs. 90.75. The total number of shares traded during the day was 79015 in over 1018 trades.
The stock hit an intraday high of Rs. 99.7 and intraday low of 95.3. The net turnover during the day was Rs. 7746236.