Hardwyn India Limited Regularizes Mr. Yogesh Kumar Garg as Independent Director
Hardwyn India Limited announced that its shareholders approved the regularization of Mr. Yogesh Kumar Garg, making him an Independent Director of the company following his initial appointment as an Additional Director. This decision was ratified at the First Extra-Ordinary General Meeting (EGM) held on July 3, 2026.Mr. Garg had been appointed by the Board of Directors as an Additional Director (Independent and Non-Executive) effective June 5, 2026. At the EGM, members approved the regularization of his appointment for a term spanning five consecutive years, commencing from June 5, 2026.
Profile of Mr. Yogesh Kumar Garg
Mr. Yogesh Kumar Garg is highlighted as a seasoned finance and corporate governance professional with over 30 years of experience across various facets including accounts, treasury, taxation, corporate laws, fund management, budgeting, risk management, and strategic business planning.His educational qualifications include bachelor's degrees in commerce from St. John's College, Agra, and in law from Lucknow University. Mr. Garg is a Fellow Member of the Institute of Cost Accountants of India (FCMA) and holds certifications from the Institute of Company Secretaries of India (FCS). He has also qualified CAIntermediate and Group I of the CA Final Examination.
Mr. Garg possesses extensive experience gained through senior leadership roles in Central Public Sector Undertakings, autonomous bodies, and listed private sector companies, including serving as Head of Finance and Company Secretary. His career encompasses financial management, project financing, treasury operations, corporate taxation, regulatory compliance, and stakeholder management.
Directorships and Expertise
Mr. Garg has previously served on the boards of National Jute Manufactures Corporation Limited and Birds Jute & Export Corporation of India Limited. Currently, he serves as an Independent Director at PMC Fincorp Limited, a listed NBFC.His professional expertise covers Companies Act compliances, SEBI Regulations, FEMA, Insolvency and Bankruptcy Code, Income Tax, GST, and other corporate laws. He has extensive experience interacting with regulatory bodies such as SEBI, RBI, MCA, Stock Exchanges, and various judicial and quasi-judicial forums. Mr. Garg is also a member of the Bar Council of India and Delhi Bar Association.
Key details regarding the appointment regularization are provided below:
| Particulars | Details |
|---|---|
| Reason for Change | Regularization following initial appointment as an Additional Director (Non-Executive Independent). |
| Date of Approval | July 3, 2026 |
| Term of Appointment | Five consecutive years, effective from June 5, 2026. |
HARDWYN Stock Price Movement
Hardwyn India Limited shares edged higher on Friday, closing at ₹24.75 after gaining 1.02% over the session. The stock saw robust trading activity, logging a total volume of nearly 12 million shares.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.