Corporate Action30 May 2026, 09:31 am
CWD Ltd Allots Equity Shares on Warrant Conversion
AI Summary
CWD Ltd has allotted 38,513 equity shares following the conversion of warrants, with a face value of ₹10 each. Additionally, 154,052 equity shares were allotted under a bonus issue at a 4:1 ratio. The allotment, made on a preferential basis to both Promoter and Non-Promoter categories, was completed upon receiving the balance payment of ₹680.25 per warrant. Consequently, the company's paid-up capital increased from ₹22,20,92,950 to ₹22,40,18,600.
Key Highlights
- CWD Ltd allotted 38,513 equity shares via warrant conversion.
- Bonus issue of 154,052 equity shares in 4:1 ratio was approved.
- Allotment made to Promoters and Non-Promoters on preferential basis.
- Paid-up capital increased to ₹22,40,18,600 post-allotment.
- New equity shares rank equally with existing shares.
Price Impact
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