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.

Hardwyn India Limited shareholders have approved the issue of bonus equity shares in the ratio of 2:5 and regularized the appointment of Mr. Yogesh Kumar Garg as an Independent Director at its 1st Extra-Ordinary General Meeting (EGM) for the financial year 2026-27. The meeting, held via Video Conferencing on July 03, 2026, sanctioned the issuance of 2 fully paid-up bonus equity shares of ₹1 each for every 5 equity shares of ₹1 each held by shareholders as on the record date. This capitalization will be funded through the company's free reserves and retained earnings. Additionally, the members approved the regularization of Mr. Yogesh Kumar Garg, who was initially appointed as an Additional Director on June 05, 2026, as an Independent Director for a term of five years commencing from the same date.

Mr. Yogesh Kumar Garg is a finance and corporate governance professional with over 30 years of experience in finance, accounts, treasury, and taxation. He holds a bachelor's degree in commerce and law, and is a Fellow Member of the Institute of Cost Accountants of India (FCMA) and the Institute of Company Secretaries of India (FCS). He has previously served as Whole-time Director on the Boards of National Jute Manufactures Corporation Limited and Birds Jute & Export Corporation of India Limited, and currently serves as an Independent Director on the Board of PMC Fincorp Limited.

Voting Results

The resolutions received overwhelming support from shareholders. The table below details the voting outcomes for each proposal:

Meeting Proceedings

The meeting commenced at 02:00 P.M. and concluded at 02:28 P.M. on July 03, 2026. A total of 122 members participated in the voting process for the ordinary resolutions, while 121 members voted on the special resolution. The proceedings were chaired by Mr. Swaran Jeet Singh Sayal, Director, and attended by other key directors including Mr. Kulmeet Singh, Ms. Shikha Chawla, and Mr. Yogesh Kumar Garg.

The scrutinizer's report confirms that the resolution was passed with the requisite majority. The voting process, managed by M/s. Akash & Co., Company Secretaries, utilised a remote e-voting facility provided by Central Depository Services (India) Limited (CDSL) from June 30, 2026, to July 02, 2026, alongside e-voting during the meeting. The company ensured compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 throughout the proceedings.