Board Meeting5 Jun 2026, 06:21 pm
Hardwyn India Ltd: Bonus Issue, Capital Hike, Director Changes
AI Summary
Hardwyn India Ltd announced a board meeting where several key decisions were made. The company plans to increase its authorized share capital from ₹50 crore to ₹70 crore and issue bonus equity shares in a 2:5 ratio, subject to shareholder approval. Mr. Yogesh Garg has been appointed as an Additional Independent Director, and Ms. Diksha Rani as Company Secretary & Compliance Officer. The company also noted the resignation of Ms. Tanya Sayal as Non-Executive Director and Ms. Pooja Sarkar as Company Secretary & Compliance Officer, both effective June 5, 2026. An Extraordinary General Meeting (EGM) is scheduled for July 3, 2026, to approve these proposals.
Key Highlights
- Authorized share capital to increase from ₹50 Cr to ₹70 Cr.
- Bonus equity shares to be issued in a 2:5 ratio.
- New Independent Director appointed; Company Secretary changes.
- Resignation of Non-Executive Director noted.
- EGM scheduled for July 3, 2026, for approvals.
Price Impact
More from HARDWYN