Hardwyn India Approves 2:5 Bonus Issue, Capital Hike

Hardwyn India Limited's Board of Directors, in a meeting held on June 5, 2026, approved a bonus share issue of 2 equity shares for every 5 held. The company also proposed an increase in authorized share capital from ₹50 crore to ₹70 crore, subject to shareholder approval at an upcoming EGM. Key management changes were also announced, including the appointment of Mr. Yogesh Garg as an Additional Independent Director and Ms. Diksha Rani as Company Secretary & Compliance Officer. The board also noted the resignations of Ms. Tanya Sayal (Non-Executive Director) and Ms. Pooja Sarkar (Company Secretary & Compliance Officer). An EGM is scheduled for July 3, 2026, to seek member approvals for these proposals.