In terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Board of Directors of the Company in its meeting ....
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CWD Ltd's Board of Directors, at its meeting on January 5, 2026, approved the allotment of 1,75,79,824 fully paid-up bonus equity shares of face value Rs. 10 each in the ratio of 4:1 (four bonus shares for every one existing share). The record date for the bonus issue was January 2, 2026. The company had received in-principle approval for 1,97,07,776 bonus shares but allotted a slightly lower number, keeping 21,27,952 shares in abeyance to be issued later upon conversion of warrants. The bonus shares will rank pari-passu with existing equity shares and will be credited to shareholders' demat accounts within regulatory timelines.
This is a highly rewarding bonus issue for shareholders — every existing share will entitle the holder to four additional free shares, substantially expanding the share count but proportionally increasing each investor's holding value. The stock price will typically adjust downward on the ex-date to reflect the increased share base, though long-term value depends on the company's fundamentals.