Regulatory30 May 2026, 03:44 pm
CWD Ltd: No Deviation in Preferential Issue Proceeds
AI Summary
CWD Ltd reported no deviations or variations in the use of proceeds from its preferential issue for the half year ended March 31, 2026. The funds, raised on multiple dates in 2025 and January 2026, totaling ₹6395.96 lakhs, were utilized as originally intended. The company confirmed that no modifications to the original objectives or allocations were made, and the audit committee and auditors had no comments regarding any deviations.
Key Highlights
- CWD Ltd confirms no deviation in use of preferential issue proceeds for H1 FY26.
- Funds raised totaled ₹6395.96 lakhs through preferential issues.
- No modifications to original fund allocation or objectives were reported.
- Audit committee and auditors reported no comments on deviations.
Price Impact
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