Description

CWD Limited announces bonus share issuance details with effective listing date of January 6, 2026, allotting 1,97,07,776 equity shares to eligible shareholders.

Summary

CWD Limited has submitted details to BSE regarding its proposed bonus share issue pursuant to the record date fixed for this purpose. The company will allot 1,97,07,776 bonus equity shares with distinctive numbers ranging from 43,94,957 to 2,41,02,732. The submission complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/CFD/PoD/2024/122 dated September 16, 2024.

Key Points

  • Number of Bonus Shares: 1,97,07,776 equity shares
  • Distinctive Numbers: From 43,94,957 to 2,41,02,732
  • ISIN: INE0H8H01019
  • Scrip Code: 543378
  • Subject to receipt of in-principle approval from BSE Limited
  • Submitted by Company Secretary & Compliance Officer Pratima Bajaj

Regulatory Changes

No regulatory changes announced. This circular is a compliance submission under existing SEBI regulations regarding bonus share issuance.

Compliance Requirements

  • Submission filed in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Filed pursuant to SEBI Circular No. SEBI/HO/CFD/PoD/2024/122 dated September 16, 2024
  • Company confirms information is true, correct, and complete per Board of Directors’ approvals

Important Dates

  • Deemed Date of Allotment: January 5, 2026
  • Effective Listing Date: January 6, 2026
  • Circular Date: January 1, 2026

Impact Assessment

This bonus issue will increase CWD Limited’s outstanding equity shares by 1,97,07,776 shares, affecting the shareholding pattern and share capital structure. Existing shareholders as per the record date will receive bonus shares, leading to increased liquidity in the stock. The distinctive number range expansion from 43,94,957 to 2,41,02,732 indicates significant dilution in share price (though not in value for existing shareholders). Investors should adjust their portfolio calculations and cost basis accordingly. Trading will commence on the effective listing date of January 6, 2026.

Impact Justification

Medium impact corporate action affecting existing shareholders of CWD Limited through bonus share allotment, moderately important for shareholders to track for portfolio adjustments