Description

CWD Limited lists 1,10,100 equity shares issued at Rs. 747/- on preferential basis pursuant to warrant conversion, with trading commencing October 29, 2025.

Summary

BSE has approved the listing of 1,10,100 new equity shares of CWD Limited (Scrip Code: 543378) issued to non-promoters on a preferential basis pursuant to warrant conversion. The shares will commence trading on October 29, 2025, and are subject to lock-in until May 14, 2026.

Key Points

  • Company: CWD Limited (Scrip Code: 543378)
  • New Securities: 1,10,100 equity shares of Rs. 10/- each
  • Issue Price: Rs. 747/- per share (premium of Rs. 737/-)
  • Allotment Type: Preferential allotment to non-promoters through warrant conversion
  • Distinctive Numbers: 4284857 to 4394956
  • Date of Allotment: July 5, 2025
  • ISIN: INE0H8H01019
  • Ranking: Pari-passu with existing equity shares
  • Lock-in Period: Until May 14, 2026 for all 1,10,100 shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members must note the new securities available for trading from October 29, 2025
  • Lock-in restrictions apply to all allotted shares (Dist. Nos. 4284857 to 4394956) until May 14, 2026
  • The shares rank pari-passu with existing equity shares of the company

Important Dates

  • Allotment Date: July 5, 2025
  • Trading Commencement: October 29, 2025
  • Lock-in End Date: May 14, 2026

Impact Assessment

Market Impact: Minimal. The addition of 1,10,100 shares represents a relatively small increase in CWD Limited’s equity base. The preferential allotment was completed through warrant conversion, indicating planned capital raising activity.

Liquidity Impact: Limited immediate impact on liquidity as all shares are locked in until May 14, 2026. Post lock-in expiry, there could be minor liquidity enhancement.

Investor Impact: Non-promoter allottees must adhere to lock-in restrictions. The issue price of Rs. 747/- reflects significant premium over face value, indicating investor confidence. Other shareholders should monitor any dilution effects from this preferential issue.

Impact Justification

Routine listing of preferential shares for a single company with relatively small issue size (110,100 shares), affecting only specific non-promoter allottees with standard lock-in period.