Corporate Action25 Sept 2026, 06:11 pm
CWD Ltd Allots 1.15 Lakh Shares on Warrant Conversion
AI Summary
CWD Ltd announced the allotment of 115,654 equity shares following the conversion of warrants, with an additional 462,616 shares issued as a bonus in a 4:1 ratio. This preferential allotment to non-promoters, upon receipt of the balance payment of Rs. 680.25 per warrant, increases the company's paid-up capital from Rs. 22.76 crore to Rs. 23.34 crore. The newly issued shares will rank pari passu with existing shares.
Key Highlights
- 115,654 equity shares allotted on warrant conversion.
- 462,616 bonus shares issued in 4:1 ratio.
- Paid-up capital increased to Rs. 23.34 crore.
- Allotment made on preferential basis to non-promoters.
- New shares rank pari passu with existing equity.
Price Impact
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