Description

CWD Limited announces bonus share issue with allotment of 1,97,07,776 equity shares, with deemed allotment date of January 5, 2026 and effective listing date of January 6, 2026.

Summary

CWD Limited has submitted details of its bonus share issue to BSE Limited in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/PoD/2024/122 dated September 16, 2024. The company will allot 1,97,07,776 bonus equity shares to eligible shareholders, subject to receipt of in-principle approval from BSE.

Key Points

  • Total bonus shares to be issued: 1,97,07,776 equity shares
  • Distinctive numbers range: 43,94,957 to 2,41,02,732
  • ISIN: INE0H8H01019
  • Scrip Code: 543378
  • Submission made by Company Secretary & Compliance Officer Pratima Bajaj
  • Issuance subject to in-principle approval from BSE Limited

Regulatory Changes

No regulatory changes announced. This circular is submitted in compliance with existing SEBI regulations regarding bonus share issuance and disclosure requirements.

Compliance Requirements

  • CWD Limited has complied with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Submission made as per SEBI Circular No. SEBI/HO/CFD/PoD/2024/122 dated September 16, 2024
  • Company has obtained Board of Directors approval for the bonus issue
  • Awaiting in-principle approval from BSE Limited for the bonus share listing

Important Dates

  • January 1, 2026: Date of circular submission to BSE
  • January 5, 2026: Deemed date of allotment for bonus shares
  • January 6, 2026: Effective listing date for bonus shares

Impact Assessment

Shareholder Impact: Existing shareholders of CWD Limited holding shares as of the record date will receive bonus shares, increasing their shareholding without additional payment. The bonus issue will increase the total outstanding equity shares and may improve stock liquidity.

Market Impact: Limited broader market impact as this is a company-specific corporate action. The bonus issue may lead to adjustment in share price post-listing to reflect the increased number of shares. Positive sentiment may arise from the corporate action, indicating company’s confidence in retained earnings deployment.

Trading Impact: Post-listing on January 6, 2026, the stock will trade ex-bonus, and the price will adjust proportionately based on the bonus ratio.

Impact Justification

Corporate action affecting existing shareholders through bonus share issuance, material event for CWD Limited shareholders but limited broader market impact