Hardwyn India board approves 2:5 bonus issue plus director and CS changes

Kmp ResignedManagement Changes View source PDF Explain this filing

HARDWYN · price

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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

Board approved bonus issue in ratio 2:5, about 2 shares for every 5 held, up to 19.54 crore new shares. Authorised capital to rise from 50 Cr to 70 Cr. Yogesh Garg appointed as Independent Director for 5 years. Diksha Rani named new Company Secretary replacing Pooja Sarkar, who resigned. Non-Executive Director Tanya Sayal also resigned citing personal reasons. All key items need shareholder approval at EGM on July 3, 2026.

Likely market impact

Bonus shares reward existing shareholders if approved at EGM on July 3. Director and CS changes are routine governance matters.