Bonus issue alert! This smallcap company announced a 2:5 bonus issue. Do you own?

Hardwyn India has announced a 2:5 bonus issue, subject to shareholder approval at an EGM on July 3. The company also plans to increase its authorised share capital to Rs 70 crore. While the record date is yet to be announced, analysts remain positive on the stock’s near-term technical outlook.

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