StockWatch
·
Consumer Electronics
Corporate Action22 Jul 2026, 05:51 pm

CWD Ltd Allots 71,576 Equity Shares on Warrant Conversion

AI Summary

CWD Ltd announced the allotment of 71,576 equity shares following the conversion of warrants. Additionally, 2,86,304 equity shares were allotted under a bonus issue in a 4:1 ratio. This corporate action increases the company's paid-up capital from ₹22,40,18,600 to ₹22,75,97,400. The new shares will rank pari passu with existing equity shares. The allotment was approved by the Board of Directors on July 22, 2026, and involved preferential allotment to promoters and non-promoters upon receipt of the balance payment for the warrants.

Key Highlights

  • 71,576 equity shares allotted upon warrant conversion.
  • 2,86,304 bonus equity shares allotted in 4:1 ratio.
  • Paid-up capital increased to ₹22,75,97,400.
  • New shares rank pari passu with existing shares.
  • Board approved allotment on July 22, 2026.