Hardwyn India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 09/10/2025 ,inter alia, to consider and approve This is to inform you that pursuant ....
HARDWYN · price
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Hardwyn India Ltd has informed BSE that its Board of Directors will meet on Thursday, 09 October 2025 at the company's registered office in New Delhi. The main agenda is to consider and approve the allotment of equity shares on a preferential basis through a swap arrangement, in line with Chapter V of SEBI's ICDR Regulations, 2018 and the Companies Act, 2013. A share swap means the company is issuing new equity shares in exchange for something of value (likely shares of another company or business assets) rather than cash. The intimation was filed under Regulation 29 of SEBI's Listing Obligations and Disclosure Requirements Regulations. The letter is signed by Rubaljeet Singh Sayal, Managing Director & CFO.
This signals a potential acquisition or business combination where Hardwyn India will issue fresh shares to the promoters or sellers of another entity, leading to equity dilution for existing shareholders. Investors should watch for follow-up disclosures detailing the swap ratio, valuation, and the target being acquired, as this will determine whether the deal is value-accretive or dilutive.