Hardwyn India Limited has approved a bonus issue of equity shares in the ratio of 2:5 and an increase in authorised share capital to fund expansion. The Board of Directors, meeting on June 05, 2026, sanctioned the issuance of two fully paid-up bonus equity shares of ₹1 each for every five equity shares held by shareholders. The company will seek shareholder approval for these proposals at an Extraordinary General Meeting (EGM) scheduled for July 3, 2026.

The Board approved increasing the authorised share capital from ₹50,00,00,000 to ₹70,00,00,000, divided into 70,00,00,000 equity shares of ₹1 each. This alteration to the Memorandum of Association is subject to member approval at the ensuing EGM. The bonus issue will be capitalised from free reserves and retained earnings, which stood at ₹1965.36 Lakhs as per the standalone audited financials for the year ended March 31, 2026.

Capital Structure Changes

The proposed bonus issue and capital increase will significantly alter the company's equity structure. The total number of bonus shares proposed to be issued is approximately 19,53,73,622, amounting to ₹19,53,73,622. The company estimates that the bonus shares will be credited or dispatched within two months from the date of Board approval, subject to member and statutory approvals.

Board Appointments and Resignations

The Board appointed Mr. Yogesh Garg as an Additional Director in the category of Independent Director for a term of five consecutive years effective June 05, 2026, subject to shareholder approval. Mr. Garg is a finance and corporate governance professional with over 30 years of experience. The Board also appointed Ms. Diksha Rani as the Company Secretary & Compliance Officer effective June 05, 2026, filling the casual vacancy caused by the resignation of the previous officer.

Consequently, the Board accepted the resignation of Ms. Tanya Sayal as Non-Executive Director effective June 05, 2026, due to personal reasons. She has ceased to be a member of the Nomination and Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee. Additionally, Ms. Pooja Sarkar resigned as Company Secretary & Compliance Officer effective June 05, 2026, due to personal reasons.

EGM and Voting Details

The EGM will be held on Friday, July 03, 2026, at 02:00 PM IST via Video Conferencing. The Board has fixed Friday, June 26, 2026, as the cut-off date for remote e-voting to ascertain the names of shareholders entitled to vote. The company will announce the record date for determining eligibility for the bonus issue in due course. The notice for the EGM will be available on the company's website and the stock exchange websites.

Hardwyn India Limited held its H2 FY26 earnings call on Tuesday, June 02, 2026, at 03:30 P.M. IST via virtual mode. The meeting was conducted pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed the exchanges that the discussions were based on generally available information and did not contain any Unpublished Price Sensitive Information (UPSI), in accordance with the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.

Earnings Call Details

The earnings call was successfully concluded with the participation of key management personnel. The company confirmed that the audio recording of the call held on June 02, 2026, is available on its official website. This disclosure ensures transparency and provides access to the information shared during the session for all stakeholders.

Regulatory Compliance

The intimation to the stock exchanges was submitted in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Rubaljeet Singh Sayal, Managing Director & CFO, on June 03, 2026.