Hardwyn India Limited has scheduled an Extraordinary General Meeting (EGM) on July 3, 2026, to seek shareholder approval for a 2:5 bonus issue and an increase in authorised share capital to ₹70,00,00,000. The meeting, to be held via video conferencing, aims to capitalise free reserves and broaden the capital structure to fund expansion and increase liquidity. Shareholders will vote on the issuance of two fully paid-up bonus equity shares of ₹1 each for every five shares held.

The Board proposes to increase the authorised share capital from ₹50,00,00,000 divided into 50,00,00,000 equity shares to ₹70,00,00,000 divided into 70,00,00,000 equity shares of ₹1 each. This alteration to the Memorandum of Association requires member consent. The bonus issue will capitalise a sum not exceeding ₹19,53,73,622 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. 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

The EGM will also seek approval to regularise the appointment of Mr. Yogesh Kumar Garg as an Independent Director for a term of five years effective June 05, 2026. Mr. Garg, who holds DIN 02144584, was appointed as an Additional Director by the Board. His appointment is subject to shareholder approval and is based on the recommendation of the Nomination and Remuneration Committee.

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. Remote e-voting commences on June 30, 2026, at 09:00 AM IST and concludes on July 02, 2026, at 05:00 PM IST. The company will announce the record date for determining eligibility for the bonus issue in due course.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has intimated the exchanges regarding the completion of dispatch of the Notice of the First Extra-ordinary General Meeting. Newspaper advertisements were published on June 10, 2026, in Financial Express and Jansatta. Mr. Akash Goel, Practicing Company Secretary, has been appointed as the Scrutinizer for the e-voting process.

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.