Hardwyn India secures USD 4.55 lakh order from UAE client

0 min read     Updated on 30 May 2026, 04:23 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

Hardwyn India secured an international order worth USD 4.55 lakh from M/s. Grow Protech LLC for supplying architectural hardware, valued at approximately ₹4.36 crore. The order is to be executed within 150 days of receiving an advance payment.

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Hardwyn India has secured an international order worth USD 4.55 lakh from M/s. Grow Protech LLC, a UAE-based entity. The contract involves the supply of architectural hardware, including Telescopic Channel, Floor Spring, Top Patch, Bottom Patch, Pivot, Handle, Bottom Lock, and Pantry Pull out. The order is valued at approximately ₹4.36 crore and must be executed within 150 days after the company receives the advance payment.

The disclosure was made to the stock exchanges on May 29, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order was awarded under standard industry terms and conditions. The company confirmed that the promoter, promoter group, or group companies do not hold any interest in the entity awarding the order, and the transaction does not fall under related party transactions.

Order Details

Particulars Details
Client Name M/s. Grow Protech LLC
Nature of Order Supply of architectural hardware
Order Value USD 4.55 lakh (approx ₹4.36 crore)
Execution Period Within 150 days of advance receipt
Entity Type International

Historical Stock Returns for Hardwyn India

1 Day5 Days1 Month6 Months1 Year5 Years
-3.97%-4.54%-10.55%+42.92%+63.06%+469.00%

Will this order serve as a catalyst for Hardwyn India to expand its footprint further in the Middle East and North Africa (MENA) region?

How will the execution of this short-term 150-day contract impact the company's revenue projections for the current fiscal quarter?

Does this international order indicate a strategic shift in the company's focus towards export markets over domestic sales?

Hardwyn India Limited Confirms No Encumbrance by Promoters for FY26

1 min read     Updated on 08 May 2026, 09:40 AM
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Reviewed by
Ashish TScanX News Team
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Hardwyn India Limited's promoters, Rubaljeet Singh Sayal and Swaran Jeet Singh Sayal, confirmed no encumbrance on shares during FY26 under SEBI SAST Regulations. The declaration was submitted to NSE and BSE on April 02, 2026.

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Hardwyn India Limited has officially declared that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. This disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration was submitted to the National Stock Exchange of India Ltd. and BSE Limited on April 02, 2026.

The confirmation was provided on behalf of the promoters, Rubaljeet Singh Sayal and Swaran Jeet Singh Sayal. The letter addressed to the exchanges and the Audit Committee of Hardwyn India Limited explicitly states that no shares held by the promoters were encumbered, directly or indirectly, during the specified financial year.

Promoter Details

The declaration includes the names of the promoters who have confirmed the absence of encumbrance on their holdings. The details are as follows:

S. No. Name of the Promoter PAN
1. Rubaljeet Singh Sayal
2. Swaran Jeet Singh Sayal

The letter was signed by Rubaljeet Singh Sayal on behalf of the promoters. The company has requested the exchanges to take the declaration on record. This regulatory filing ensures transparency regarding the shareholding patterns and the financial standing of the promoters concerning their equity in the company.

Historical Stock Returns for Hardwyn India

1 Day5 Days1 Month6 Months1 Year5 Years
-3.97%-4.54%-10.55%+42.92%+63.06%+469.00%

How has Hardwyn India Limited's promoter shareholding pattern evolved over the past three years, and are there any signs of potential stake dilution or acquisition activity?

Given the clean encumbrance record, how might Hardwyn India's stock performance and investor confidence compare to peers in the hardware and building materials sector with pledged promoter shares?

Could Hardwyn India's consistent regulatory compliance and unencumbered promoter holdings make it an attractive target for institutional investors or potential acquirers in the near future?

More News on Hardwyn India

1 Year Returns:+63.06%