[Raises ₹100 Crore via Preferential Issue to Tata Mutual Fund]
Hind Rectifiers Ltd · HIRECT · BSE ·
The Board has approved raising **₹100 Crore** by issuing 10.86 lakh equity shares to **Tata Mutual Fund (Small Cap Fund)** on a preferential basis at a price of ₹920.50 per share. Approved the grant of 75,291 new Employee Stock Options (ESOPs) under the existing plan at a grant p…