New Delhi, June 9 -- Hardwyn India, a manufacturer of kitchen, door, glass, wardrobe and sliding hardware solutions, rose over 2% on Tuesday, 9 June after it announced a bonus issue in the ratio of 2:5 for its shareholders. The announcement was made following a meeting of the company's board of directors held on June 5.

According to the exchange filing, the board approved the issuance of "bonus equity shares in the ratio of 2:5 i.e., 2 bonus equity shares of Rs.1 each fully paid-up for every 5 equity shares of Rs.1 each fully paid-up held by the shareholders of the company as on the record date, by capitalization of free reserves/retained earnings, subject to the approval of members in Extraordinary General Meeting".

The record date for...