Hardwyn India Announces Allotment of Bonus Shares, Boosting Paid-up Equity Capital
Hardwyn India Limited has completed the allotment of bonus shares following a Board Meeting held on July 29, 2026. The company issued 19,53,61,440 fully paid-up equity shares with a face value of Re. 1/- each.The bonus share issuance was executed in accordance with the terms established at the Extraordinary General Meeting (EGM) held on July 03, 2026. These shares were allotted in the proportion of two equity shares for every five existing equity shares held by shareholders as of the record date, Tuesday, July 28, 2026.
The allotment resulted in a significant increase in the company's paid-up equity share capital. Prior to the bonus issue, the Paid-up Equity Share Capital stood at Rs. 48,84,34,054/- divided into 48,84,34,054 Equity Shares of Re. 1/- each.
Following the allotment, the Paid-up Equity Share Capital of Hardwyn India Limited rose to Rs. 68,37,95,494/-. This total capital is now divided into 68,37,95,494 Equity Shares of Re. 1/- each.
The newly allotted bonus equity shares hold pari-passu status and carry the same rights as the company's existing equity shares in all respects. The details of the change in capital are summarized below:
| Financial Metric | Before Bonus Allotment | After Bonus Allotment |
|---|---|---|
| Paid-up Equity Capital | Rs. 48,84,34,054/- | Rs. 68,37,95,494/- |
| Number of Equity Shares (Re. 1/- each) | 48,84,34,054 | 68,37,95,494 |
The Board confirmed that the bonus shares comply with all applicable rules and regulations governing the company's capital structure.
HARDWYN Stock Price Movement
As of 11:57 AM in live trading, shares of Hardwyn India Limited are trending upward, climbing by 0.52% to reach ₹11.55 as it trades strongly within the day's range of ₹11.40 and ₹11.62; the stock has seen a traded volume of 644,660 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.