Hardwyn India Limited Approves 2:5 Bonus Equity Issue at Extraordinary General Meeting
Hardwyn India Limited members approved the issue of bonus equity shares during a First Extra-Ordinary General Meeting (EGM) held on Friday, July 03, 2026. The decision was made through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).The meeting saw shareholders approve the issuance of two bonus equity shares for every five existing equity shares held by them as of the record date. Each approved bonus share is valued at ₹1/- and is fully paid up.
The company confirmed that the bonus issue would be funded through the capitalization of free reserves and retained earnings.
Key details regarding the approved bonus share issuance are summarized below:
| Detail | Specification |
|---|---|
| Bonus Ratio | 2 Bonus Equity Share for every 5 Equity Shares |
| Value per Bonus Share | ₹1/- (Rupee One Only) |
| Original Share Value | ₹1/- (Rupee One Only) |
| Funding Source | Capitalization of Free Reserves / Retained Earnings |
The company confirmed the details regarding the bonus shares in accordance with corporate regulations following the general meeting.
HARDWYN Stock Price Movement
On Friday, Hardwyn India Limited shares edged higher to close at ₹24.75, after the stock gained 1.02% in session. The equity traded a robust 12 million shares before settling at the closing price.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.
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