2:5 Bonus Issue: Stock Jumps After Receiving Approval for Bonus Shares
Synopsis: Hardwyn India Limited’s shareholders approved a 2:5 bonus issue at the EGM, rewarding eligible shareholders with additional equity shares. This Small-Cap Consumer Durable Stock, engaged in the manufacturing and distribution of architectural hardware, glass fittings, kitchen fittings, furniture hardware, smart locks, and related products for residential and commercial applications, jumped 1.13 percent after the […] The post 2:5 Bonus Issue: Stock Jumps After Receiving Approval for Bonus Shares appeared first on Trade Brains.
Synopsis: Hardwyn India Limited’s shareholders approved a 2:5 bonus issue at the EGM, rewarding eligible shareholders with additional equity shares.
This Small-Cap Consumer Durable Stock, engaged in the manufacturing and distribution of architectural hardware, glass fittings, kitchen fittings, furniture hardware, smart locks, and related products for residential and commercial applications, jumped 1.13 percent after the company’s shareholders approved a 2:5 bonus issue.
With a market capitalization of Rs. 1,209.85 crores, the share of Hardwyn India Limited has reached an intraday high of Rs. 24.99 per equity share, rising nearly 1.13 percent from its previous day’s close price of Rs. 24.71. Since then, the stock has retreated and is currently trading at Rs. 24.77 per equity share.
What is the News?
Hardwyn India Limited’s shareholders have approved the company’s proposed bonus equity share issue in the 2:5 ratio at the Extra-Ordinary General Meeting (EGM) held on July 3, 2026, through video conferencing. The approval marks an important corporate action and reflects the company’s continued focus on creating long-term value for its shareholders.
The board has decided to issue bonus shares at a ratio of 2:5, meaning that shareholders will receive two new fully paid-up equity shares of Re. 1 each for every five existing fully paid-up equity shares they hold.
For example, if a shareholder owns 10,000 shares of Hardwyn India Limited, they will receive 4,000 bonus shares, bringing their total holding to 14,000 shares after the 2:5 bonus issue.
Business and Products
The company designs, manufactures, and markets hardware used in modern buildings and interior spaces. Its product range includes door handles, locks, door closers, floor springs, hinges, glass fittings, wardrobe systems, kitchen accessories, drawer slides, and furniture hardware. These products are intended for homes, offices, hospitality projects, healthcare facilities, and other commercial developments.
Company Overview
Hardwyn India Limited is an Indian manufacturer and supplier of architectural and building hardware for residential, commercial, and institutional construction. Established in 1965, the company is known for its broad portfolio of doors, glass, kitchen, wardrobe, and furniture hardware, and describes itself as India’s first architectural hardware brand listed on both the NSE and BSE.
Recent Quarter Results
Coming into financial highlights, Hardwyn India Limited’s revenue has increased from Rs. 36.30 crore in Q4 FY25 to Rs. 46.41 crore in Q4 FY26, which has grown by 27.85 percent. The net profit has also grown by 96.55 percent from Rs. 1.74 crore in Q4 FY25 to Rs. 3.42 crore in Q4 FY26. Hardwyn India Limited’s revenue and net profit have grown at a CAGR of 23 percent and 53 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 4.70 percent and 3.18 percent, respectively. Hardwyn India Limited has an earnings per share (EPS) of Rs. 0.26, and its debt-to-equity ratio is 0.02x.
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The post 2:5 Bonus Issue: Stock Jumps After Receiving Approval for Bonus Shares appeared first on Trade Brains.
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