Intimation for Record Date pertaining to Bonus Issue of Shares.
Price
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On the reaction day the stock moved 4.3 pts more than Nifty Microcap 250 and 5.0 pts more than its Consumer Electronics peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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CWD Ltd has fixed Friday, January 2, 2026 as the record date to determine members eligible for a bonus issue. The company will issue 4 new fully paid-up equity shares for every 1 existing fully paid-up equity share held, as approved by shareholders. Investors who hold shares in their demat accounts by the record date will receive the bonus shares. This is a substantial bonus issue, effectively expanding the share base by 400%.
Shares will become ex-bonus shortly before the record date, and the stock price is expected to adjust downward on a theoretical basis to reflect the larger share count. Eligible shareholders will see their shareholding multiplied fivefold, though per-share value will adjust accordingly; total holdings should remain broadly stable at announcement.