Corporate Action5 Oct 2026, 07:00 pm
CWD Ltd Allots 2,48,329 Shares on Warrant Conversion
AI Summary
CWD Ltd announced the allotment of 2,48,329 equity shares following the conversion of warrants and an additional 9,93,316 equity shares under a 4:1 bonus issue. This preferential allotment was made to non-promoter categories upon receipt of the balance payment for the warrants. The company's paid-up capital will increase from ₹23,39,30,750 to ₹24,63,47,200. The new shares will rank pari passu with existing equity shares.
Key Highlights
- Board approved allotment of 2,48,329 equity shares via warrant conversion.
- Additional 9,93,316 equity shares allotted under a 4:1 bonus issue.
- Allotment made on a preferential basis to non-promoter categories.
- Company's paid-up capital to increase to ₹24,63,47,200.
- New shares will rank pari passu with existing equity shares.
Price Impact
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