Corporate Action25 Sept 2026, 06:00 pm
CWD Ltd Allots 1,15,654 Shares on Warrant Conversion, Approves Bonus
AI Summary
CWD Ltd announced the outcome of its Board Meeting held on September 25, 2026. The board approved the allotment of 1,15,654 equity shares upon conversion of warrants and an additional 4,62,616 equity shares under a 4:1 bonus issue. The allotment was made on a preferential basis to non-promoters, with a partial payment of Rs. 680.25 per warrant received. This issuance will increase the company's paid-up capital to Rs. 23,33,80,100. The new shares will rank pari passu with existing shares.
Key Highlights
- Board approved allotment of 1,15,654 equity shares via warrant conversion.
- Approved an additional 4,62,616 equity shares under a 4:1 bonus issue.
- Allotment made on preferential basis to non-promoters.
- Paid-up capital increased to Rs. 23,33,80,100 post-allotment.
- New shares will rank pari passu with existing equity shares.
Price Impact
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