Description

CWD Limited announces bonus share issuance details with record date compliance, allotting 1,97,07,776 equity shares effective January 6, 2026.

Summary

CWD Limited (Scrip Code: 543378) has submitted details of its bonus share issuance 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 with a deemed allotment date of January 5, 2026, and effective listing date of January 6, 2026.

Key Points

  • Total bonus shares to be issued: 1,97,07,776 equity shares
  • Scrip Code: 543378
  • ISIN: INE0H8H01019
  • Distinctive Numbers range: 43,94,957 to 2,41,02,732
  • Submission made pursuant to proposed bonus issue and record date fixation
  • Subject to receipt of in-principle approval from BSE Limited
  • Information certified as true, correct, and complete by Company Secretary

Regulatory Changes

No regulatory changes introduced. This circular represents compliance with existing regulations:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • SEBI Circular No. SEBI/HO/CFD/PoD/2024/122 dated September 16, 2024

Compliance Requirements

  • CWD Limited required to submit annexure containing bonus share details pursuant to record date
  • Submission must include distinctive numbers, listing dates, allotment dates, number of shares, and ISIN
  • Company must confirm information is in accordance with Board of Directors approvals and regulatory requirements
  • Annexure to be submitted in PDF format to BSE Listing Compliance Department

Important Dates

  • Circular Date: January 1, 2026
  • Deemed Date of Allotment: January 5, 2026
  • Effective Listing Date: January 6, 2026
  • Record Date: As per earlier communication (subject to BSE in-principle approval)

Impact Assessment

Market Impact: Medium - The bonus issue will increase the number of outstanding shares, potentially improving liquidity and making shares more affordable for retail investors. The share price will adjust proportionately to reflect the increased share count.

Shareholder Impact: Positive - Existing shareholders as of the record date will receive bonus shares at no cost, increasing their total shareholding while maintaining proportional ownership. This signals company confidence and rewards long-term investors.

Operational Impact: The issuance of nearly 2 crore bonus shares represents a significant corporate action requiring coordination between the company, depositories, and stock exchange for seamless allotment and listing processes.

Impact Justification

Corporate action affecting existing shareholders through bonus share allotment, requires tracking for portfolio adjustments but routine in nature