Shares of leading architectural hardware maker Hardwyn India will trade ex-split and ex-bonus from June 5, 2023 – the record date set by the company for the twin corporate actions. Hardwyn has emerged as a multi-bagger stock with triple-digit percentage gains in a matter of one year. The company had informed exchanges that its board has approved the stock split in the ratio of 1:10 and approved bonus in the ratio of 1:3. The face value will be sub-divided from 10 to 1, according to a regulatory filing by the company. The architectural hardware manufacturer will also issue one share as a bonus for every three shares. Also Read: “The company has fixed, Monday, 05th June 2023 as the record date, for the purpose of sub-division of equity shares (all the Authorized, Issued, Subscribed and Paid-up Equity Shares of nominal value of 10/- (Rupees Ten Only) each shall stand sub-divided into 10 (Ten) Equity Shares of nominal value of Re. 1/-(One Rupee) each fully paid-up,” the company said. “Issuance of Bonus Equity Shares of the company in the proportion of 01 (One) Equity Shares of Re. 1/- each for every 03 (Three) existing Equity Share of Re. 1/- each,” it added. Last month, the company also declared its financial results for the quarter and year-ended period on March 31, 2023. In Q4FY23, Hardwyn India reported a net profit of 3.73 crore, up by 125 per cent year-on-year. However, the company’s revenue declined by 11 per cent year-on-year to 29.88 crore. The company’s shares have surged about 6,000 per cent from its value of 7 in August 2020 and the stock has turned 60x in less than three years. On June 2, shares of Hardwyn India settled 19.90 per cent higher to 623.35 apiece on the BSE. The firm commanded a market capitalisation of 1,631.08 crore.