Hardwyn India Allots 19.53 Crore Bonus Shares, Paid-up Capital Rises to ₹68.37 Crore
Hardwyn India allotted 19.53 crore bonus equity shares of ₹1 each, on a 2:5 ratio. This increased the paid-up capital from ₹48.84 crore to ₹68.37 crore. The allotment was approved by shareholders on July 3, 2026, and the record date was July 28, 2026.
The allotment of bonus shares increases the total number of outstanding shares and the company's paid-up capital, which can impact per-share metrics. The increase in share capital is significant, warranting a medium impact.
The company has successfully completed the allotment of bonus shares, which is generally viewed positively by shareholders as it increases their holdings without additional investment.
Hardwyn India Limited announced the allotment of 19,53,61,440 fully paid-up equity shares of ₹1 each as bonus shares. This allotment was made in the proportion of 2 equity shares for every 5 existing equity shares held by shareholders as of the record date, July 28, 2026.
The decision follows the approval received from shareholders at the Extraordinary General Meeting (EGM) on July 03, 2026, and in-principal approvals from BSE Limited and National Stock Exchange of India Limited.
Consequent to this bonus share allotment, the company's paid-up equity share capital has increased from ₹48,84,34,054 to ₹68,37,95,494. The newly allotted bonus shares will rank pari-passu with existing equity shares in all respects.
The Board of Directors made this allotment during their meeting held on Wednesday, July 29, 2026, which commenced at 11:20 A.M. and concluded at 11:35 A.M.
What to do with a filing like this
Hardwyn India Limited filed this with the NSE as a statutory disclosure, categorised under bonus issue. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Hardwyn India Limited. Read the original for the full detail.