Ex-Dividend Date for Hind Rectifiers' Final Dividend is 22nd July
By Shishta Dutta | Updated at: Jan 12, 2026 02:38 PM IST
Mumbai, Jul 1- Hind Rectifiers Ltd (NSE: HIRECT), a major player in the power electronics and railway traction equipment sectors, has announced the record date or ex-dividend date for its final dividend payment as 22nd July. The company announced a final dividend of ₹2 per equity share (100%) for the fiscal year 2024–25. This is the company’s biggest dividend payment in over 15 years, which shows that people are becoming more sure of its long-term financial soundness and the quality of its earnings.
The statement came after the company’s board meeting on May 5, 2025. The stock exchanges were told about it on April 26, 2025, in accordance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations. Shareholders will have to vote on the proposed dividend at the Annual General Meeting (AGM) on July 29, 2025.
As of June 30, 2025, HIRECT shares were trading close to their 52-week high. This shows that investors are feeling good about the company and that there is revived interest in mid-cap stocks related to industry and railroads. Hind Rectifiers is on a solid path to creating long-term value for shareholders because to the dividend announcement, ongoing capital spending plans, and operating improvements.
Key Dividend Details – FY25
| Particulars | Details |
|---|---|
| Type of Dividend | Final |
| Rate | ₹2.00 per equity share (100%) |
| Face Value | ₹2 per share |
| Record System | Book Closure |
| Book Closure Dates | July 23, 2025 to July 29, 2025 |
| AGM Date | July 29, 2025 |
| Dividend Payment Deadline | August 4, 2025 |
| TDS Applicability | Yes (subject to applicable tax deduction) |
Timeline of Events
| Event | Date |
|---|---|
| Prior Intimation to Stock Exchange | April 26, 2025 |
| Board Approval of Dividend | May 5, 2025 |
| Start of Book Closure | July 23, 2025 |
| End of Book Closure / AGM Date | July 29, 2025 |
| Last Date for Payment | August 4, 2025 |
Historical Dividend Trend (Past 5 Years)
| Financial Year | Dividend (₹/share) | Book Closure Dates | AGM Date (Est.) |
|---|---|---|---|
| FY24 | ₹1.20 | Jul 26–Aug 1, 2024 | Around Aug 1 |
| FY23 | ₹0.40 | Aug 3–Aug 9, 2022 | Around Aug 9 |
| FY22 | ₹0.40 | Aug 6–Aug 12, 2021 | Around Aug 12 |
| FY21 | ₹0.80 | Sep 9–Sep 15, 2020 | Around Sep 15 |
| FY20 | ₹0.40 | Aug 1–Aug 8, 2019 | Around Aug 8 |
FY25’s ₹2 payout significantly exceeds the previous high of ₹1.60/share in FY13, reaffirming the company’s strong financial performance and commitment to rewarding shareholders.
Strategic Context
This dividend hike follows sustained operational progress and is a signal of improving profitability and cash flow stability. It also reinforces Hind Rectifiers’ reputation for consistent shareholder value creation. The dividend will be paid within a week from the conclusion of the AGM.
About the Company
Hind Rectifiers Limited (HIRECT), listed on NSE and BSE, designs and manufactures power semiconductors, power electronic equipment, and railway transportation products. The company plays a critical role in India’s rail electrification and industrial power control space. The equity shares of HIRECT have a face value of ₹2 and carry the ISIN INE835D01023.
REF: https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_1475421_01072025102845_WEB.xml
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