StockWatch
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Trading & Distributors
Management Change5 Jun 2026, 06:10 pm

Hardwyn India Appoints Yogesh Garg, Tanya Sayal Resigns

AI Summary

Hardwyn India Ltd announced a board meeting held on June 5, 2026, where several key decisions were made. The company approved an increase in authorized share capital from ₹50 crore to ₹70 crore and proposed a 2:5 bonus equity share issue, subject to shareholder approval at an upcoming EGM. Mr. Yogesh Garg was appointed as an Additional Director (Independent Non-Executive) for five years. Ms. Diksha Rani was appointed as Company Secretary & Compliance Officer. Ms. Tanya Sayal resigned as Non-Executive Director due to personal reasons, consequently stepping down from committee memberships. Ms. Pooja Sarkar also resigned as Company Secretary & Compliance Officer. An EGM is scheduled for July 3, 2026, to approve these changes, with June 26, 2026, set as the cut-off date for remote e-voting.

Key Highlights

  • Authorized share capital increased to ₹70 crore.
  • Proposed 2:5 bonus share issue, subject to EGM approval.
  • Yogesh Garg appointed as Independent Non-Executive Director.
  • Tanya Sayal resigns as Non-Executive Director.
  • EGM scheduled for July 3, 2026, for approvals.