The Board of Directors of Hind Rectifiers Ltd at their meeting held on 18lh May, 2019 have approved and recommended final dividend @ 20% being Rs. 0.40/- per equity share (of face value of Rs. 2/- each) for the year ended 31st March, 2019 out of the profits of the Company, subject to the approval of members in Annual General Meeting.
The dividend on equity shares, if declared at the Annual general Meeting, will be credited / despatched within a week from the conclusion of the 61st Annual General Meeting to those members whose names appear on the Company's Register of Members on the Record Date fixed for the purpose.
Shares of HIND RECTIFIERS LTD. was last trading in BSE at Rs.116.4 as compared to the previous close of Rs. 114.5. The total number of shares traded during the day was 4760 in over 65 trades.
The stock hit an intraday high of Rs. 118.9 and intraday low of 114.25. The net turnover during the day was Rs. 550491.