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Hardwyn India MD, chairman, board of directors and AGM

NSE: HARDWYNBSE: 541276Consumer DurablesSmall Cap

Last close ₹9.05down ₹0.01 (0.11%)BSE ₹9.08

Share price at the NSE close on 23 Oct 2026. Previous close ₹9.06.

52-week range of traded prices to 23 Oct 2026
₹7.61Low, 9 Sep 2026₹20.20High, 1 Jun 2026
Market cap
₹619 Cr1,473rd largest listed
P/E
49.9
P/B
1.5
Dividend yield
Nonein the last 12 months
ROE
3.1%
ROCE
4.4%
Debt to equity
0.01
Volume, NSE
21,45,52072.6% delivered

Hardwyn India board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonSWARAN JEET SINGH SAYALRelated to the promoter
  • Managing directorRUBALJEET SINGH SAYAL
  • Company Secretary and Compliance OfficerMs. Diksha Rani

5 directors3 independent2 executive

  • SWARAN JEET SINGH SAYAL · ChairpersonExecutive · joined Aug 2019 · 1 listed board
  • RUBALJEET SINGH SAYAL · Managing directorExecutive · joined Aug 2019 · 1 listed board · 1 committee seat
  • KULMEET SINGHIndependent · joined Jun 2022 · 48 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • SHIKHA CHAWLAIndependent · joined Mar 2022 · 51 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • YOGESH KUMAR GARGIndependent · joined Jun 2026 · 0 months as independent · 2 listed boards · 2 as independent · 2 committee seats

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • TANYA SAYAL, left 5 Jun 2026: Others
  • Nidhi Sethi, left 25 Oct 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 5 Jun 20264 of 6 present2 independent · 6 days in between
    • 29 May 20265 of 5 present2 independent · 58 days in between
    • 31 Mar 20265 of 5 present2 independent · 44 days in between
    • 14 Feb 20265 of 5 present2 independent

  • Audit Committee

    Chair SHIKHA CHAWLA

    RUBALJEET SINGH SAYAL, KULMEET SINGH

    • 29 May 20263 of 3 present2 independent · 103 days in between
    • 14 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair SHIKHA CHAWLA

    KULMEET SINGH, YOGESH KUMAR GARG

    • 5 Jun 20262 of 3 present2 independent · 110 days in between
    • 14 Feb 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair KULMEET SINGH

    SHIKHA CHAWLA, YOGESH KUMAR GARG

    • 28 Mar 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair KULMEET SINGH

    SHIKHA CHAWLA, YOGESH KUMAR GARG

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • S.S Periwal & Co.Peer-review certificate valid to Dec 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Hardwyn India AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Hardwyn India share news and announcements

Extraordinary general meeting, 3 Jul 2026

46,857 shareholders on the register on 26 Jun 2026; present: 1 promoter and 35 others; votes counted by Akash Goel / Akash & Co., Company Secretaries.The company's voting result (opens in a new tab)

  1. To Increase the Authorised Share Capital of the Company and Alteration of Capital Clause of Memorandum of Association of The Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.00% · promoters 100.00% · institutions 7.39% · other public 11.12%

  2. To Issue Bonus Shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.00% · promoters 100.00% · institutions 7.39% · other public 11.12%

  3. To Regularise the Appointment of Mr. Yogesh Kumar Garg (DIN: 02144584) for a Term of Five (5) Years.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 50.00% · promoters 100.00% · institutions 7.39% · other public 11.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 12 Nov 2025, 7 resolutions

55,952 shareholders on the register on 3 Nov 2025; present: 2 promoters and 44 others; votes counted by Amit Saxena / Amit Saxena & Associates.The company's voting result (opens in a new tab)

  1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED FINANCIAL STATEMENTS (BOTH STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS) OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2025 TOGETHER WITH DIRECTOR’S REPORT AND THE AUDITORS REPORT THEREONMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.19% · promoters 100.00% · institutions 0.00% · other public 50.55%

  2. TO RE-APPOINT MS. TANYA SAYAL (DIN- 02821564), WHO IS LIABLE TO RETIRE BY ROTATION BEING ELIGIBLE OFFERS HERSELF FOR REAPPOINTMENT
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.19% · promoters 100.00% · institutions 0.00% · other public 50.55%

  3. RE-APPOINTMENT OF M/S S.S. PERIWAL & COMPANY, CHARTERED ACCOUNTANTS (FRN:001021N) AS STATUTORY AUDITORS OF THE COMPANY
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.19% · promoters 100.00% · institutions 0.00% · other public 50.55%

  4. RE-APPOINTMENT OF MR. RUBALJEET SINGH SAYAL (DIN: 00280624) AS THE MANAGING DIRECTOR OF THE COMPANY
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 48.49% · promoters 45.84% · institutions 0.00% · other public 50.55%

  5. APPOINTMENT OF M/S. AMIT SAXENA & ASSOCIATES, COMPANY SECRETARIES AS THE SECRETARIAL AUDITOR OF THE COMPANY FOR A TERM OF 5 (FIVE) CONSECUTIVE YEARS
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.19% · promoters 100.00% · institutions 0.00% · other public 50.55%

  6. INCREASE IN AUTHORISED SHARE CAPITAL OF THE COMPANY FROM 50,00,00,000 (RUPEES FIFTY CRORE) TO 55,00,00,000 (RUPEES FIFTY-FIVE CRORE) AND CONSEQUENTIAL ALTERATION OF MEMORANDUM OF ASSOCIATION
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.19% · promoters 100.00% · institutions 0.00% · other public 50.55%

  7. PREFERENTIAL ISSUANCE OF FULLY PAID-UP EQUITY SHARES TO THE SHAREHOLDERS OF FIBA HARDWYN LOCKS LIMITED (“FHLL”)
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 72.19% · promoters 100.00% · institutions 0.00% · other public 50.55%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Dec 2024, 5 resolutions

Present: 2 promoters and 42 others.The company's voting result (opens in a new tab)

  1. To received, considered and adopted the Standalone and Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31st, 2024 and reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.93% · promoters 100.00% · institutions 0.00% · other public 48.30%

  2. Appointment of Mr. Swaran Jeet Singh Sayal (DIN- 00280576), who was liable to Retire by Rotation being eligible offers herself for reappointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.93% · promoters 100.00% · institutions 0.00% · other public 48.30%

  3. To Approve Revision in Remuneration to Mr. Rubaljeet Singh Sayal, (DIN: 00280624) Managing Director of The Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.93% · promoters 100.00% · institutions 0.00% · other public 48.30%

  4. To Approve Increase in Authorized Share Capital of the Company and Consequential Alteration of Memorandum of Association of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.93% · promoters 100.00% · institutions 0.00% · other public 48.30%

  5. To Approve Issuance of Bonus Shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.93% · promoters 100.00% · institutions 0.00% · other public 48.30%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 26 Dec 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. Regularization of Ms. Nidhi Sethi (DIN No. 09617207) as Non-Executive Independent Director of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.61% · promoters 100.00% · institutions 0.00% · other public 48.13%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 30 Sep 2023, 5 resolutions

Present: 2 promoters and 30 others.The company's voting result (opens in a new tab)

  1. To received, considered and adopted the Standalone Audited Financial Statements of the Company for the Financial Year ended March 31st, 2023 together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 67.12% · promoters 100.00% · institutions 0.00% · other public 42.15%

  2. To received, considered and adopted the Consolidated Audited Financial Statements of the Company for the Financial Year ended March 31st, 2023 together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 67.12% · promoters 100.00% · institutions 0.00% · other public 42.15%

  3. Appointment of Ms. Tanya Sayal (DIN: 02821564), who was liable to Retire by Rotation being eligible offers herself for reappointment.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 67.12% · promoters 100.00% · institutions 0.00% · other public 42.15%

  4. To Approved Remuneration to Non-Executive Director, to consider and, if thought fit, to pass with or without modification(s) as a Special Resolution
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 67.12% · promoters 100.00% · institutions 0.00% · other public 42.15%

  5. To Approved Related Party Transactions to consider and, if thought fit, to pass with or without modification(s) as an Ordinary Resolution.
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 23.36% · promoters 0.00% · institutions 0.00% · other public 42.15%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 28 May 2023, 3 resolutions

The company's voting result (opens in a new tab)

  1. Sub-division/split of equity shares from the face value of Rs. 10 (ten)/- per share to face value of Rs. 01 (one) /- per share of the company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 88.86% · promoters 100.00% · institutions 0.00% · other public 4.52%

  2. Issue of Bonus Equity Shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 88.86% · promoters 100.00% · institutions 0.00% · other public 4.52%

  3. To Consider and increase the authorised share capital of the company upto INR 7,50,00,000
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 88.86% · promoters 100.00% · institutions 0.00% · other public 4.52%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 22 Feb 2023, 2 resolutions

Present: 0 promoters and 0 others.The company's voting result (opens in a new tab)

  1. TO CONSIDER AND INCREASE THE AUTHORISED SHARE CAPITAL OFTHE COMPANY UPTO INR 27,60,00,000
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 1.67% · promoters 0.00% · institutions 0.00% · other public 7.02%

  2. TO CONSIDER AND ISSUE OF EQUITY SHARES TO THESHAREHOLDERS OF FIBA HARDWYN LOCKS LIMITED BY VIRTUE OFSHARES SWAP
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 1.67% · promoters 0.00% · institutions 0.00% · other public 7.02%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 7 Feb 2023, 1 resolution

The company's voting result (opens in a new tab)

  1. To consider & approve appointmentof Mr. Manjeet Singh (DIN:08206912)as an Independent Director of the company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.38% · promoters 100.00% · institutions 0.00% · other public 10.05%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.