Hardwyn India Approves MOA Amendment to Increase Authorized Capital to ₹70 Crore
Hardwyn India's EGM on July 3, 2026, approved an amendment to the MOA, increasing the authorized share capital to ₹70 Crore. This consists of 70 Crore equity shares of ₹1 face value each.
Increasing authorized capital is a foundational step for potential future expansions or fundraising activities, which could have a medium-term impact on the company's growth trajectory.
The company has successfully passed an amendment to increase its authorized share capital, which is a positive step for future growth and flexibility.
Hardwyn India Limited announced that its members, at the First Extra-Ordinary General Meeting (EGM) held on July 3, 2026, approved an alteration in the Capital Clause of the Memorandum of Association (MOA). This amendment is a result of an increase in the company's authorized share capital.
The existing Clause V of the MOA has been replaced with a new clause. The authorized share capital of the company is now ₹70,00,00,000 (Rupees Seventy Crore Only), comprising 70,00,00,000 (Seventy Crore) equity shares, each with a face value of ₹1.00 (Rupee One Only).
The EGM was conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM) and commenced at 02:00 P.M. on Friday, July 3, 2026. The company has submitted the brief details of the MOA alteration as Annexure – A.
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Hardwyn India Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. 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.