Corporate Development     

Published: December 15, 2024
Updated: December 15, 2024

Hardwyn India Ltd.

MOU signed with The Gyalsung Infra, Bhutan

Hardwyn India Ltd.’s (BSE: 541276, NSE: HARDWYN), a leader in architectural hardware and glass fittings, has signed an MOU with The Gyalsung Infra, Bhutan.

The company takes pride in offering comprehensive solutions for both residential and commercial structures. Its unwavering commitment to perfection is rooted in a customer-centric philosophy and an unrelenting pursuit of world-class quality. The company’s growth strategies enables it to tap into one of the nation’s most vibrant and rapidly evolving market. This strategic decision positions Hardwyn India Ltd to both strengthen its presence in the global market and capitalise on the immense talent and potential the market has to offer.

“We are pleased to announce that Hardwyn India Ltd, India and The Gyalsung Infra, Bhutan have singed MOU stating that all the architectural hardware and glass fittings products will be supplied by Hadwyn India Ltd for renovations of buildings and upcoming projects / construction done by The Gyalsung Infra in Bhutan. According to MOU products will be supplied for 2years and value of the products will be approx. 5Cr. We are excited about this new achievement and its long term impact on our business and stake holders. We look forward to the positive impact it will have it on our business, our clients and the communities we serve.” said Mr. Rubaljeet Singh Sayal, Managing Director of Hardwyn India Ltd

Recently the board approved the issue of Bonus equity shares in the ratio of 02:05 i.e. 02(Two) equity shares for every 05 (Five) existing equity shares held by the members of the Company as on record date, subject to necessary approvals as may be required, which the company will obtain during its forthcoming AGM.

With a legacy of excellence spanning 57 years, Hardwyn stands as a symbol of innovation, quality, and reliability in the world of architectural hardware. The company offers comprehensive solutions for residential and commercial structures as an unwavering manufacturer of architectural hardware and glass fittings. Through rigorous testing and relentless research and development practices, Hardwyn has earned a stellar reputation for benchmark quality through a customer-centric philosophy and relentless pursuit of world-class quality.

To create a robust global supply chain and establish a trusted distribution network, Hardwyn has continually strived to expand its global footprint. The company has built a large network of dealers and distributors to provide unwavering customer support. Beyond business success, Hardwyn holds a deep commitment to environmental sustainability and community welfare. Sustainability is an integral part of the company’s vision, reflecting its commitment to both society and the environment.

For residential and commercial projects across diverse domains, Hardwyn is the trusted partner in progress. As a leader in the industry, the company continues to make significant contributions to the development of the country. In the world of architectural hardware, Hardwyn stands out as a symbol of innovation, quality, and reliability.