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Hardwyn India

Full company profile

uuid0029pzm

Namestring
Hardwyn India
Legal namestring
Hardwyn India Limited
Websiteurl
hardwyn.com
Company typeenum
Public
Founded yearint
1965
Descriptiontext

Hardwyn India Limited is a publicly listed (NSE and BSE) manufacturer and distributor of architectural hardware products, headquartered in New Delhi, India, with operating history dating to 1965. The company offers a portfolio spanning five core categories: kitchen hardware (pantry pull-outs, magic corners, storage systems), door hardware (mortise handles, door closers, floor springs, night latches), glass fittings (shower hinges, glass connectors), wardrobe hardware (sliding systems, shoe racks), and furniture hardware (drop-down mechanisms, telescopic channels). Select products carry ISI and BIS certifications relevant for institutional and government procurement.

The company generates revenue through three primary channels: a multi-tier dealer network spanning India (with active expansion into Tier-II and Tier-III cities), direct institutional sales to government and educational establishments, and an experience centre at Kirti Nagar in New Delhi for retail and trade customers. The 2022-2023 merger with FIBA broadened the brand portfolio, and recent product launches — notably the ISI-certified floor spring in April 2026 — have unlocked institutional orders from medical colleges and universities in Uttar Pradesh and Chhattisgarh.

For FY2025-26, Hardwyn India reported consolidated total income of ₹200.41 crore with net profit of ₹13.21 crore (17.58% year-on-year growth) and operates with zero debt against a market capitalization of ₹1,227 crore. Management has articulated a seven-pillar strategic roadmap targeting ₹1,000 crore+ in revenue by FY32, supported by dealer network expansion, export entry into South Asia, the Middle East, and Africa, and continued institutional vertical penetration.

Short descriptiontext

Hardwyn India Limited is a publicly listed New Delhi-based manufacturer and distributor of architectural hardware — covering kitchen, door, glass, wardrobe, and furniture fittings — serving retail dealers, institutional buyers, and government customers across India.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersNew Delhi, India
HQ citystring
New Delhi
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
architectural hardware, door hardware fittings, kitchen storage solutions, glass fittings, wardrobe hardware
Industry3 codes
1Doors, Windows & Millwork Hardware Retail (Locks, Hinges, Handles)
CodeCRAIADAJPrimaryYes
2Kitchen & Bath Accessories & Hardware (Pulls, Hinges, Organizers) Retail
CodeCRAIAFAIPrimaryNo
3Cabinet Hardware & Fixtures Installation (handles, knobs, hinges)
CodeHSAGAHAEPrimaryNo
NAICS code2 codes
  • Hardware Manufacturing33251
  • Hardware Manufacturing332510
SIC code1 code
  • Cutlery, Handtools & General Hardware3420
Product category
Architectural Hardware
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Architectural Hardware Sales
TypeHardware Sales
Description

Hardwyn India manufactures and sells architectural hardware products including kitchen hardware, door hardware, glass hardware, wardrobe hardware, and furniture hardware. Revenue is generated through direct sales, dealer network, and institutional orders.

business-standard.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Hardwyn India Limited manufactures and distributes architectural hardware products spanning five core categories: kitchen hardware (pantry pull-outs, magic corners, storage systems), door hardware (mortise handles, door closers, floor springs, night latches), glass fittings (shower hinges, glass connectors), wardrobe hardware (sliding systems, shoe racks), and furniture hardware (drop-down mechanisms, telescopic channels). Products are ISI- and BIS-certified and sold through a dealer network, direct institutional channels, and an in-person experience centre in New Delhi.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 17.58% year-on-year net profit growth in FY26
+2 more records
Product overview1 text field

Hardwyn India Limited offers a comprehensive portfolio of architectural and kitchen hardware solutions under five main product categories: Kitchen Hardware (pantry pull-outs, magic corners, storage systems), Door Hardware (mortise handles, door closers, floor springs, night latches), Glass Hardware (shower hinges, glass connectors), Wardrobe Hardware (sliding systems, shoe racks), and Furniture Hardware (drop-down mechanisms, telescopic channels). The company positions itself as India's first NSE & BSE listed pure-play architectural hardware brand, offering over 60 years of industry experience. Recent product innovations include ISI-certified floor springs for institutional projects and BIS-certified cabinet hinges. The product portfolio is distributed through an expanding dealer network targeting retail, institutional, and government customers across Tier-II and Tier-III cities in India, with plans for export expansion into South Asia, Middle East, and Africa markets.

Product and service8 records
1Kitchen Hardware
CategoryKitchen Hardware
Description

Complete range of kitchen storage and organization solutions including pantry pull-outs, magic corners, and storage systems designed for modern kitchen functionality, targeted at homeowners, interior designers, and kitchen fit-out contractors.

2Door Hardware
CategoryDoor Hardware
Description

Architectural door fittings including mortise handles, door closers, night latches, and floor springs for residential and commercial applications, serving homeowners, builders, and institutional buyers.

3Glass Fittings
CategoryGlass Hardware
Description

Glass fittings and accessories including shower hinges and decorative glass connectors for contemporary interior applications, intended for residential bathroom and interior glass installations.

4Wardrobe Hardware
CategoryWardrobe Hardware
Description

Storage organization solutions including sliding systems, shoe racks, and smart accessories for modern wardrobes and closets, designed for residential wardrobe fit-outs.

5Furniture Hardware
CategoryFurniture Hardware
Description

Furniture hardware solutions including drop-down mechanisms, telescopic channels, and decorative shelves for cabinets and furniture pieces, serving furniture manufacturers and cabinet makers.

6ISI Certified Floor Spring
CategoryDoor Hardware
Description

ISI-certified floor spring product designed for high-traffic commercial and institutional environments, suitable for medical colleges, universities, and government establishments.

7BIS-Certified Cabinet Hinges
CategoryKitchen Hardware
Description

Bureau of Indian Standards certified hinges for cabinet applications meeting regulatory quality standards, intended for kitchen and cabinet fit-outs.

8New Mortise Handle Designs
CategoryDoor Hardware
Description

New mortise handle designs expanding the door hardware product portfolio, targeted at residential and commercial door installations.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

German-founded global hardware manufacturer with a strong India presence offering hinges, drawer systems, sliding door hardware, and architectural fittings — directly comparable product portfolio to Hardwyn's kitchen, wardrobe, and door hardware lines.

TypeDirect peer
Description

Indian furniture fittings and architectural hardware company offering hinges, drawer slides, and door hardware — comparable product mix targeting furniture manufacturers and dealers.

TypeDirect peer
Description

Austrian manufacturer of hinges, lift systems, and drawer runners — directly competes in the cabinet hinge and furniture hardware segments where Hardwyn sells telescopic channels and BIS-certified cabinet hinges.

TypeBroad incumbent
Description

Global leader in locks and access solutions with India operations — competes primarily in the night latch, mortise, and security hardware categories where Hardwyn also operates.

TypeBroad incumbent
Description

Diversified Indian conglomerate with a substantial locks and architectural hardware division under Godrej Locks — broader portfolio but competes directly with Hardwyn in door locks and security hardware.

TypeDirect peer
Description

German architectural hardware specialist with deep India operations across kitchen, wardrobe, door, and furniture hardware — same end customers (builders, architects, dealers) and overlapping product categories as Hardwyn.

TypeDirect peer
Description

Indian architectural hardware company offering door fittings, glass hardware, and furniture fittings — directly comparable product portfolio targeting similar residential and commercial segments.

TypeDirect peer
Description

Indian manufacturer and marketer of architectural hardware including locks, door handles, and kitchen fittings — competes with Hardwyn across similar product categories and dealer channels within India.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hardwyn India

Architectural Hardwarehardwyn.com

Hardwyn India Limited is a publicly listed New Delhi-based manufacturer and distributor of architectural hardware — covering kitchen, door, glass, wardrobe, and furniture fittings — serving retail dealers, institutional buyers, and government customers across India.

What Hardwyn India does

Hardwyn India Limited is a publicly listed (NSE and BSE) manufacturer and distributor of architectural hardware products, headquartered in New Delhi, India, with operating history dating to 1965. The company offers a portfolio spanning five core categories: kitchen hardware (pantry pull-outs, magic corners, storage systems), door hardware (mortise handles, door closers, floor springs, night latches), glass fittings (shower hinges, glass connectors), wardrobe hardware (sliding systems, shoe racks), and furniture hardware (drop-down mechanisms, telescopic channels). Select products carry ISI and BIS certifications relevant for institutional and government procurement.

The company generates revenue through three primary channels: a multi-tier dealer network spanning India (with active expansion into Tier-II and Tier-III cities), direct institutional sales to government and educational establishments, and an experience centre at Kirti Nagar in New Delhi for retail and trade customers. The 2022-2023 merger with FIBA broadened the brand portfolio, and recent product launches — notably the ISI-certified floor spring in April 2026 — have unlocked institutional orders from medical colleges and universities in Uttar Pradesh and Chhattisgarh.

For FY2025-26, Hardwyn India reported consolidated total income of ₹200.41 crore with net profit of ₹13.21 crore (17.58% year-on-year growth) and operates with zero debt against a market capitalization of ₹1,227 crore. Management has articulated a seven-pillar strategic roadmap targeting ₹1,000 crore+ in revenue by FY32, supported by dealer network expansion, export entry into South Asia, the Middle East, and Africa, and continued institutional vertical penetration.

Hardwyn India firmographics

Firmographics
Name
Hardwyn India
Legal name
Hardwyn India Limited
Website
https://hardwyn.com
Company type
Public
Founded year
1965
Operating status
Operating
Headcount range
51–100 employees
Short description
Hardwyn India Limited is a publicly listed New Delhi-based manufacturer and distributor of architectural hardware — covering kitchen, door, glass, wardrobe, and furniture fittings — serving retail dealers, institutional buyers, and government customers across India.
Ownership category
akta.pro rank

Hardwyn India industry classification

Industry
Product category
Architectural Hardware
NAICS
Hardware Manufacturing (33251), Hardware Manufacturing (332510)
SIC
Cutlery, Handtools & General Hardware (3420)
akta.pro primary industry
Doors, Windows & Millwork Hardware Retail (Locks, Hinges, Handles) (CRAIADAJ)
akta.pro secondary industries
Kitchen & Bath Accessories & Hardware (Pulls, Hinges, Organizers) Retail (CRAIAFAI), Cabinet Hardware & Fixtures Installation (handles, knobs, hinges) (HSAGAHAE)

Keywords

  • Architectural hardware
  • Door hardware fittings
  • Kitchen storage solutions
  • Glass fittings
  • Wardrobe hardware

Where Hardwyn India is headquartered

Location

Headquarters

HQ city
New Delhi
HQ country
India
HQ region
Asia

Offices2 records

Markets served

Hardwyn India business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Architectural Hardware Sales: Hardwyn India manufactures and sells architectural hardware products including kitchen hardware, door hardware, glass hardware, wardrobe hardware, and furniture hardware. Revenue is generated through direct sales, dealer network, and institutional orders.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Hardwyn India product offering

Product offering

Core offering

Hardwyn India Limited manufactures and distributes architectural hardware products spanning five core categories: kitchen hardware (pantry pull-outs, magic corners, storage systems), door hardware (mortise handles, door closers, floor springs, night latches), glass fittings (shower hinges, glass connectors), wardrobe hardware (sliding systems, shoe racks), and furniture hardware (drop-down mechanisms, telescopic channels). Products are ISI- and BIS-certified and sold through a dealer network, direct institutional channels, and an in-person experience centre in New Delhi.

Product overview

Hardwyn India Limited offers a comprehensive portfolio of architectural and kitchen hardware solutions under five main product categories: Kitchen Hardware (pantry pull-outs, magic corners, storage systems), Door Hardware (mortise handles, door closers, floor springs, night latches), Glass Hardware (shower hinges, glass connectors), Wardrobe Hardware (sliding systems, shoe racks), and Furniture Hardware (drop-down mechanisms, telescopic channels). The company positions itself as India's first NSE & BSE listed pure-play architectural hardware brand, offering over 60 years of industry experience. Recent product innovations include ISI-certified floor springs for institutional projects and BIS-certified cabinet hinges. The product portfolio is distributed through an expanding dealer network targeting retail, institutional, and government customers across Tier-II and Tier-III cities in India, with plans for export expansion into South Asia, Middle East, and Africa markets.

Differentiator

Problem solved

Functional benefit

Products and services

  • Kitchen Hardware Complete range of kitchen storage and organization solutions including pantry pull-outs, magic corners, and storage systems designed for modern kitchen functionality, targeted at homeowners, interior designers, and kitchen fit-out contractors.
  • Door Hardware Architectural door fittings including mortise handles, door closers, night latches, and floor springs for residential and commercial applications, serving homeowners, builders, and institutional buyers.
  • Glass Fittings Glass fittings and accessories including shower hinges and decorative glass connectors for contemporary interior applications, intended for residential bathroom and interior glass installations.
  • Wardrobe Hardware Storage organization solutions including sliding systems, shoe racks, and smart accessories for modern wardrobes and closets, designed for residential wardrobe fit-outs.
  • Furniture Hardware Furniture hardware solutions including drop-down mechanisms, telescopic channels, and decorative shelves for cabinets and furniture pieces, serving furniture manufacturers and cabinet makers.
  • ISI Certified Floor Spring ISI-certified floor spring product designed for high-traffic commercial and institutional environments, suitable for medical colleges, universities, and government establishments.
  • BIS-Certified Cabinet Hinges Bureau of Indian Standards certified hinges for cabinet applications meeting regulatory quality standards, intended for kitchen and cabinet fit-outs.
  • New Mortise Handle Designs New mortise handle designs expanding the door hardware product portfolio, targeted at residential and commercial door installations.

Quantifiable outcome

  • 17.58% year-on-year net profit growth in FY26
  • +2 more outcomes

Companies that use Hardwyn India

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Hardwyn India technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Hardwyn India partnerships and signals

Strategic signal

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Hardwyn India competitors and assessment

Company assessment

Direct peers

  • Hettich India: German-founded global hardware manufacturer with a strong India presence offering hinges, drawer systems, sliding door hardware, and architectural fittings — directly comparable product portfolio to Hardwyn's kitchen, wardrobe, and door hardware lines.
  • Ebco: Indian furniture fittings and architectural hardware company offering hinges, drawer slides, and door hardware — comparable product mix targeting furniture manufacturers and dealers.
  • Blum India: Austrian manufacturer of hinges, lift systems, and drawer runners — directly competes in the cabinet hinge and furniture hardware segments where Hardwyn sells telescopic channels and BIS-certified cabinet hinges.
  • Häfele India: German architectural hardware specialist with deep India operations across kitchen, wardrobe, door, and furniture hardware — same end customers (builders, architects, dealers) and overlapping product categories as Hardwyn.
  • Ozone Overseas: Indian architectural hardware company offering door fittings, glass hardware, and furniture fittings — directly comparable product portfolio targeting similar residential and commercial segments.
  • Dorset Industries: Indian manufacturer and marketer of architectural hardware including locks, door handles, and kitchen fittings — competes with Hardwyn across similar product categories and dealer channels within India.

Broad incumbents

  • ASSA ABLOY India: Global leader in locks and access solutions with India operations — competes primarily in the night latch, mortise, and security hardware categories where Hardwyn also operates.
  • Godrej & Boyce: Diversified Indian conglomerate with a substantial locks and architectural hardware division under Godrej Locks — broader portfolio but competes directly with Hardwyn in door locks and security hardware.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Hardwyn India social profiles

Digital presence

Hardwyn India compliance and trust

Trust signal

Compliance2 records

Hardwyn India financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hardwyn India leadership team

Management profile

Number of profiles

Profiles2 records

Hardwyn India subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Hardwyn India funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hardwyn India M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hardwyn India

What does Hardwyn India do?

Hardwyn India Limited manufactures and distributes architectural hardware products spanning five core categories: kitchen hardware (pantry pull-outs, magic corners, storage systems), door hardware (mortise handles, door closers, floor springs, night latches), glass fittings (shower hinges, glass connectors), wardrobe hardware (sliding systems, shoe racks), and furniture hardware (drop-down mechanisms, telescopic channels). Products are ISI- and BIS-certified and sold through a dealer network, direct institutional channels, and an in-person experience centre in New Delhi.

Is Hardwyn India a public or private company?

Hardwyn India is a public company. It is classified as public and is currently operating.

When was Hardwyn India founded?

Hardwyn India was founded in 1965. It employs 51 to 100 people.

Where is Hardwyn India based?

Hardwyn India is headquartered in New Delhi, India, in the Asia region.

How does Hardwyn India make money?

One revenue line is on record: architectural Hardware Sales.

Who are Hardwyn India's main competitors?

Direct peers on record are Hettich India, Ebco, Blum India, Häfele India, Ozone Overseas and Dorset Industries. Broad incumbents are ASSA ABLOY India and Godrej & Boyce.

Does Hardwyn India have an API?

No public API is recorded for Hardwyn India.

What industry is Hardwyn India in?

Hardwyn India's product category is Architectural Hardware. Its primary akta.pro industry code is CRAIADAJ, Doors, Windows & Millwork Hardware Retail (Locks, Hinges, Handles), with a secondary code of CRAIAFAI, Kitchen & Bath Accessories & Hardware (Pulls, Hinges, Organizers) Retail. Its NAICS code is 33251 and its SIC code is 3420.

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Live signals
ScanXHardwyn India fined ₹3.25 lakh for SEBI LODR non-complianceHardwyn India was fined ₹3,25,000 plus GST for a SEBI LODR Regulation 17(1) breach in Q1FY27, caused by a board composition mismatch after a director's resignation. The company appointed independent and additional directors to restore compliance and proposed a waiver application.ScanXHardwyn India appoints Eakam Sayal as additional directorHardwyn India Limited appointed Eakam Sayal as an additional non-executive and non-independent director, effective August 29, 2026, following Board approval at its registered office. The appointment is subject to shareholder ratification at the ensuing Annual General Meeting. Sayal, DIN 11916539, is pursuing a business and finance degree at UC San Diego and is the son of Managing Director and CFO Rubaljeet Singh Sayal.Business StandardHardwyn India Ltd leads losers in 'B' groupHardwyn India Ltd led the declines in the BSE's 'B' group on August 18, 2026, crashing 13.66% to Rs 9.48 with trading volume significantly exceeding its monthly average. Other notable losers included NELCO Ltd, Krishival Foods Ltd, Karma Energy Ltd, and Growington Ventures India Ltd, all experiencing double-digit percentage drops.ScanXHardwyn India Fixes July 28 Record Date for 2:5 Bonus Share IssueHardwyn India has fixed July 28, 2026 as the record date for its 2:5 bonus share issue, under which shareholders will receive two shares for every five held. The bonus shares with face value of Re. 1 each will be allotted on July 29, 2026, with trading commencing on July 30, 2026, in compliance with SEBI regulations. Shareholders had approved the bonus issue, funded from free reserves, and regularized Mr. Yogesh Kumar Garg as Independent Director at an EGM on July 03, 2026.Business StandardHardwyn India Ltd leads losers in 'B' groupHardwyn India Ltd recorded the steepest decline among BSE's 'B' group stocks, tumbling 20% to Rs 15.56 on July 15, 2026, with 19.04 lakh shares traded. Secmark Consultancy Ltd and Global Surfaces Ltd each fell 10%, followed by Aditya Birla Money Ltd (down 8.21%) and Goa Carbon Ltd (down 7.79%), while trading volumes diverged significantly from each stock's average daily volumes.Business StandardHardwyn India Builds on Growth Momentum Through Business Expansion, Product Innovation and Strong Financial PerformanceHardwyn Ltd., a listed manufacturer of architectural fittings, reported record financial performance for FY2025-26 with consolidated total income of ₹200.41 crore and net profit of ₹13.21 crore, representing a 17.58% year-on-year increase, with Q4 FY26 revenue growing nearly 25% compared to the prior year quarter. The company has announced a proposed 2:5 bonus issue subject to shareholder and regulatory approvals, while continuing to expand its product portfolio with new mortise handle designs and BIS-certified cabinet hinges. Management attributes the growth to a broader product range, rising demand across retail and institutional channels, and continued expansion of its distribution network.ScanXHardwyn India approves 2:5 bonus issue and director regularizationHardwyn India Limited's shareholders approved a 2:5 bonus issue and the regularization of Mr. Yogesh Kumar Garg as Independent Director at an EGM held on July 03, 2026. The bonus issue, representing a 40% increase in equity shares, will be funded from the company's free reserves. Mr. Garg, a finance professional with over 30 years of experience, was initially appointed as Additional Director on June 05, 2026, for a five-year term.ScanXHardwyn India corrects EGM resolution type for director appointmentHardwyn India Limited corrected its EGM notice dated June 09, 2026, changing the resolution type for appointing Mr. Yogesh Kumar Garg as an Independent Director from an Ordinary to a Special Resolution to comply with SEBI regulations. The EGM is scheduled for July 03, 2026, via video conferencing, with the Special Resolution requiring approval from 75% of shareholders for the appointment to proceed.MintBonus share alert! Hardwyn India announces 2:5 bonus issue, record date awaited - small-cap stock jumps 2% | Stock Market NewsHardwyn India announced a 2:5 bonus share issuance following a board approval, with the record date yet to be announced. The company plans to issue around 19.54 crore shares, pending shareholder approval at an upcoming EGM scheduled for July 3.Business StandardHardwyn India's board OKs 2:5 bonus share issueHardwyn India's board has approved the issuance of bonus equity shares in a 2:5 ratio to existing shareholders, resulting in the creation of 19,53,73,622 new shares worth Rs 19.53 crore.