Description
CWD Limited lists 1,10,100 new equity shares issued at Rs. 747/- on preferential basis pursuant to warrant conversion, with lock-in period until May 14, 2026.
Summary
BSE has approved the listing of 1,10,100 new equity shares of CWD Limited (Scrip Code: 543378) issued on preferential basis to non-promoters pursuant to warrant conversion. The shares will commence trading from October 29, 2025, and are subject to a lock-in period until May 14, 2026.
Key Points
- 1,10,100 equity shares of Rs. 10/- face value listed
- Shares issued at premium of Rs. 737/- per share (total issue price: Rs. 747/-)
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinctive Numbers: 4284857 to 4394956
- ISIN: INE0H8H01019
- Scrip Code: 543378
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the new securities available for trading
- Lock-in provisions must be observed for all 1,10,100 shares until May 14, 2026
- Standard trading and settlement procedures apply to these securities
Important Dates
- Allotment Date: July 5, 2025
- Trading Commencement: October 29, 2025
- Lock-in Period End: May 14, 2026
Impact Assessment
Market Impact: Low - This is a routine preferential allotment with modest share count that increases CWD Limited’s equity base marginally.
Operational Impact: Minimal - Standard listing procedure with no special trading arrangements required beyond observing lock-in restrictions.
Investor Impact: The lock-in period restricts liquidity for these specific shares until mid-May 2026, preventing immediate sale by allottees.
Impact Justification
Routine listing of preferential shares from warrant conversion for a single company with limited market-wide impact