Hardwyn India board approves 2:5 bonus issue, leadership changes

Corporate Actions View source PDF Explain this filing

HARDWYN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹24.50

prior close

₹24.41

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-2.0%+2.3% vs market

Furniture Home Furnishing peers, median of 7sector-1.2%+1.5% vs sector

On the reaction day the stock moved 2.3 pts more than Nifty Microcap 250 and 1.5 pts more than its Furniture Home Furnishing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.2

10m

-0.9

15m

-1.3

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.4-2.0+2.3-1.2+1.5

Next day

+1.3-0.1+1.4+1.7-0.4

-2.0-1.6-0.5+0.2-2.3

-1.5-2.7+1.2-2.3+0.8

-2.7+0.3-3.0-0.7-2.1

-2.2+2.0-4.2+2.4-4.7

+1.6+3.7-2.1+4.1-2.6

15d

-1.8+5.2-7.0+6.7-8.5

+1.1+3.3-2.2+6.7-5.6

-53.9+9.0-62.9+0.9-54.8

-62.6+11.8-74.4-1.2-61.4

UpDownMarket · Nifty Microcap 250Sector · Furniture Home Furnishing peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Hardwyn India Limited's board on June 5, 2026 approved a bonus issue of 2 equity shares for every 5 held, funded from free reserves. Up to about 19.54 crore bonus shares (around Rs 19.54 crore) will be issued, raising paid-up capital from 48.84 crore to 68.38 crore shares. Record date to be announced; bonus shares expected by August 4, 2026. Board also appointed Mr. Yogesh Garg as Independent Director and Ms. Diksha Rani as Company Secretary. Resignations of one Non-Executive Director and one CS noted. EGM on July 3, 2026.

Likely market impact

Bonus rewards existing shareholders at no cash cost; needs EGM and member approval. Share count rises about 40 percent.