Hardwyn India is an India-based manufacturer of architectural hardware and glass fittings, which provides solutions to residential and commercial structures.
The board of Directors of Hardwyn India Limited has approved the issue of Bonus issue of equity shares in proportion of 01 equity share of Rs. 01/- each for every 03 equity shares of Rs. 01/- each held by the shareholder of the company as on record date.
The board of Directors of Hardwyn India Limited has approved the stock split / sub-division of equity shares of company s 1 equity share of face value of Rs. 10/- each into 10 equity shares of face value of Rs. 1 each.
Hardwyn India has delivered multibagger returns to investors in the long run. Shares of Hardwyn India have surged about 5,000 per cent from its value at Rs 7 in August 2020.
The company board of Hardwyn India will meet to consider the split of equity shares of the company and consequent amendment to the capital clause of the memorandum of association (MoA).