EGM Details
The Extra-Ordinary General Meeting of Hardwyn India Limited will be held on Friday, July 03, 2026, at 02:00 P.M. through Video Conferencing or Other Audio Visual Means (VC/OAVM).
E-Voting Schedule
- Cut-off date: Friday, June 26, 2026 (for determining members eligible for e-voting)
- Remote e-Voting Commencement: Tuesday, June 30, 2026 at 09:00 A.M. (IST)
- Remote e-Voting End: Thursday, July 02, 2026 at 05:00 P.M. (IST)
Agenda Items and Resolutions
ITEM NO. 1: Increase Authorised Share Capital and Alteration of Memorandum of Association
Resolution Type: Ordinary Resolution
Key Details:
- Proposed increase in Authorized Share Capital from ₹50,00,00,000 (Fifty Crore) divided into 50,00,00,000 equity shares of ₹1.00 each to ₹70,00,00,000 (Seventy Crore) consisting of 70,00,00,000 equity shares of ₹1.00 each.
- Creation of additional 20,00,00,000 equity shares of ₹1.00 each.
- Requires alteration of Clause V of Memorandum of Association.
- Legal basis: Sections 13, 61(1)(a), 64 of Companies Act, 2013 and Companies (Share Capital and Debentures) Rules, 2014.
- Board authorization for filing necessary forms with Registrar of Companies and other regulatory authorities.
ITEM NO. 2: Issue of Bonus Shares
Resolution Type: Ordinary Resolution
Key Details:
- Proposal to issue bonus equity shares in proportion of 2:5 (Two new equity shares for every Five existing equity shares).
- Capitalization amount: ₹19,53,73,622 (Nineteen Crore Fifty Three Lakh Seventy Three Thousand Six Hundred Twenty Two) from Free Reserves (Retained Earnings).
- New shares will be of ₹1.00 face value, credited as fully paid-up.
- Legal basis: Section 63 of Companies Act, 2013, SEBI ICDR Regulations 2018, SEBI LODR Regulations 2015, FEMA 1999.
- Bonus shares will be allotted in dematerialized form only as per SEBI ICDR Regulations.
- Fractional shares will be ignored with no allotment.
- For foreign investors/NRIs, subject to RBI approval if applicable.
- Implementation timeframe: Within two months from board meeting date (June 05, 2026) subject to shareholder approval.
ITEM NO. 3: Regularization of Mr. Yogesh Kumar Garg's Appointment as Independent Director
Resolution Type: Ordinary Resolution
Key Details:
- Mr. Yogesh Kumar Garg (DIN: 02144584) was appointed as Additional Director (Independent and Non-Executive) effective June 05, 2026.
- Seeking shareholder approval for appointment as Independent Director for term of five consecutive years from June 05, 2026 to June 04, 2031.
- Not liable to retire by rotation.
- Qualifications: B.Com (1986), Law Graduate (1992), Cost Accountant (1995), Company Secretary (1996).
- Current directorships: Independent Director at PMC Fincorp Limited.
- Committee memberships: Audit Committee, Nomination and Remuneration Committee, and CSR Committee of PMC Fincorp Limited.
- Shareholding in Hardwyn India: NIL.
- Remuneration: Sitting fees, reimbursement of expenses, and remuneration as approved by Board/shareholders.
- Received declaration of independence as per Section 149(6) of Companies Act, 2013 and Regulation 16(1)(b) of SEBI Listing Regulations.
Shareholder Information
- Registrar & Transfer Agent: Skyline Financial Services Private Limited, New Delhi
- Documents available for inspection at Registered Office during business hours (11:00 A.M. to 5:00 P.M. on working days)
- Physical shareholders must provide demat account details for bonus share credit