Hind Rectifiers seeks shareholder approval via postal ballot for two special resolutions: a ₹22.31 crore loan to subsidiary Elventive France SAS and a ₹100 crore preferential share issue to Tata Mutual Fund.
The preferential issue involves allotting 10,86,366 equity shares at ₹920.50 per share to raise funds for working capital, capex, R&D, and general corporate purposes.
Remote e-voting is managed by NSDL from May 17 to June 15, 2026, with results to be declared by June 17, 2026, following scrutiny by GMJ & Associates.