Meeting Details
The 01/2026-27 Extra-Ordinary General Meeting (EGM) of Hardwyn India Limited was held on Friday, July 03, 2026, at 02:00 P.M. (IST) through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The record date for determining shareholder eligibility was Friday, June 26, 2026.
Proposed Resolutions and Implications
Three resolutions were proposed for shareholder approval:
1. Resolution 1: Ordinary resolution to increase the Authorized Share Capital of the Company and Alteration of Capital Clause of Memorandum of Association
2. Resolution 2: Ordinary resolution to Issue Bonus Shares
3. Resolution 3: Special resolution to Regularize the Appointment of Mr. Yogesh Kumar Garg (DIN: 02144584) for a term of Five (5) years
Voting Process and Methods
The e-voting platform was provided by Central Depository Services (India) Limited (CDSL). Remote e-voting was available from Tuesday, June 30, 2026, at 9:00 A.M. (IST) until Thursday, July 02, 2026, at 5:00 P.M. (IST). Members present at the EGM through VC/OAVM who had not voted remotely were allowed to cast votes during the meeting.
Key Voting Outcomes
Resolution 1: Increase Authorized Share Capital
- Total votes cast: 244,233,792
- Valid votes in favor: 244,232,901 (100.00% of valid votes)
- Valid votes against: 891 (0.00% of valid votes, actual 0.0004% rounded to 0%)
- Number of members voting: 122
- Invalid votes: 758 from 3 members
- Resolution passed with requisite majority
Resolution 2: Issue Bonus Shares
- Total votes cast: 244,233,792
- Valid votes in favor: 244,232,901 (100.00% of valid votes)
- Valid votes against: 891 (0.00% of valid votes, actual 0.0004% rounded to 0%)
- Number of members voting: 122
- Invalid votes: 758 from 3 members
- Resolution passed with requisite majority
Resolution 3: Regularize Appointment of Mr. Yogesh Kumar Garg
- Total votes cast: 244,233,022
- Valid votes in favor: 244,232,109 (100.00% of valid votes)
- Valid votes against: 913 (0.00% of valid votes, actual 0.0004% rounded to 0%)
- Number of members voting: 121
- Invalid votes: 758
- Resolution passed with requisite majority
Scrutinizer's Role and Findings
M/s. Akash & Co., Company Secretaries (CS. Akash Goel FCS M. No. 13219) was appointed as Scrutinizer. The e-voting data was downloaded from CDSL's system in the presence of two independent witnesses (Ms. Gurusha Tiwari and Ms. Riya Kumari) who confirmed the process. The Scrutinizer certified that all resolutions were passed with requisite majority and the process was fair and transparent.
Compliance with Laws and Regulations
The voting process complied with:
- Section 108 of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Rules, 2014
- MCA General Circular No. 03/2025 dated September 22, 2025
- SEBI Circular no. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 03, 2024
Additional Information
The report was issued for submission to Stock Exchanges, placing on the company website, placing on the website of M/s. Skyline Financial Services Private Limited, and other statutory purposes. All voting records remain under the Scrutinizer's custody until the Chairman approves the minutes, after which they will be handed to the Company Secretary for safekeeping.