Hardwyn India Limited has completed the allotment of 19,53,61,440 fully paid-up equity shares as bonus shares, increasing its paid-up capital by ₹19.53 crore. The Board of Directors approved the issuance on July 29, 2026, executing a ratio of 2 bonus shares for every 5 existing shares held by shareholders on the record date of July 28, 2026. This corporate action enhances market liquidity and broadens the shareholder base without altering individual ownership percentages, providing a tax-efficient benefit to investors.

The allotment follows shareholder approval granted at an Extra-ordinary General Meeting (EGM) held on July 03, 2026. The company subsequently secured in-principal approvals from both major exchanges. BSE Limited issued approval vide letter No. LOD/Bonus/BN-IP/PB/523/2026-27 dated July 17, 2026, while the National Stock Exchange of India Limited granted approval vide letter No. NSE/LIST/55683 dated July 08, 2026. The Board Meeting, which commenced at 11:20 A.M. and concluded at 11:35 A.M., formalized the allotment in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Capital Structure Impact

The issuance significantly expands the company's equity base. Prior to the allotment, Hardwyn India Limited had a paid-up equity share capital of ₹48,84,34,054, divided into 48,84,34,054 equity shares of Re. 1/- each. Post-allotment, the paid-up capital stands at ₹68,37,95,494, comprising 68,37,95,494 equity shares of Re. 1/- each.

The newly allotted bonus equity shares rank pari-passu with the existing equity shares, carrying identical rights in all respects. The allotment was executed in compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable rules and regulations.

Corporate Governance

Rubaljeet Singh Sayal, Managing Director & CFO (DIN: 00280624), signed the disclosure letter addressed to the Listing Department of the National Stock Exchange of India Limited and the Department of Corporate Services at BSE Limited. The communication confirms that the allotment process adhered to regulatory timelines and exchange requirements, ensuring transparency for stakeholders.

Hardwyn India has fixed Tuesday, July 28, 2026, as the record date to determine eligibility for its bonus issue. The company will issue bonus equity shares in the ratio of 2:5, meaning shareholders will receive two shares for every five shares held. This corporate action increases the equity base without altering the underlying value of the company, rewarding existing investors with additional securities.

The bonus shares will have a face value of Re. 1 each, fully paid-up. This issuance follows the approval granted by shareholders subsequent to the Board of Directors' recommendation. The move is aimed at enhancing liquidity and broadening the shareholder base.

Key Dates for Bonus Issue

The company has outlined the specific timeline for the allotment and listing of these shares in compliance with SEBI regulations.

The bonus shares will be credited to the demat accounts of eligible shareholders on the deemed date of allotment. Trading of these newly issued shares will commence on the next working day, which is Thursday, July 30, 2026.

The intimation was submitted to the exchanges in reference to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also referenced SEBI circular no. CIR/CFD/PoD/2024/122 dated September 16, 2024, regarding the disclosure of these details.