Hardwyn India Limited has entered into a Draft Scheme of Amalgamation to acquire remaining 67% stake in Fiba Hardwyn Locks Limited for INR 8 billion.

Hardwyn India Limited is an India-based manufacturer of architectural hardware and glass fittings. The Company offers comprehensive solutions for both residential and commercial structures. Its product categories include door hardware, kitchen hardware, glass hardware and furniture hardware. Its door hardware products include mortise locks, night latch, mortise locks, door closers and mortise cylinders. The Company's kitchen hardware products include waste bins, plain baskets, pantry pull out, upper cabinets, kitchen hanging accessories and rolling shutters. Its glass hardware products include spider fitting, canopy fitting, floor spring, pillar for railing (spigot), shower enclosure fitting, knight head accessories, point fixed architectural, hydraulic patch, patch fitting, glass handles and glass door locks. Its furniture hardware products include Duro and slim Box, bed fittings, telescopic channel, Quadro slider, door and window hardware, and door and furniture locks.