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Hardwyn India informs about allotment of bonus equity shares

30 Dec 2024 Evaluate

Hardwyn India has informed that Board of Directors of the company in its Board Meeting held on December 30th, 2024 have allotted 13,95,52,587 Equity shares of Rs. 1/- each as fully paid Bonus Shares to the existing shareholders of the Company as on record date December, 27th, 2024 in the ratio of 02:05 i.e. (Two bonus equity share for every Five equity shares held) Equity Shares. Further, pursuant to such issue any certificate or coupon in respect of fractional shares, if any, but the total number of such new equity shares representing such fractions shall be allotted by the Board (which expression shall also include Committee thereof) to the nominee(s) to be selected by the Board/Committee, who would hold them as trustee for the members entitled thereto, and sell such equity shares allotted to him at the prevailing market rate and the net sale proceeds of such shares after adjusting the cost and expenses in respect thereof be distributed to the members in proportion to their fractional entitlements.’ Post the above allotment and adjustment of fractional shares, the paid-up Equity Share capital of the Company would stand at Rs 48,84,34,054/- consisting of 48,84,34,054 equity shares of Rs. 1/-each. The said shares shall rank with existing Equity Shares of the Company in all respect. The meeting of the Board of Directors commenced at 09:30 am and concluded at 09:50 am.

The above information is a part of company’s filings submitted to BSE.

Hardwyn India Share Price

25.93 1.11 (4.47%)
18-Jun-2026 12:24 View Price Chart
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