Pursuant to Regulation 30 of SEBI (LODR) Regulation, 2015 the Board at its meeting held on January 05, 2026 has allotted 1,75,79,824 fully paid-up bonus equity shares of Rs. 10 each in ....
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CWD Ltd's Board of Directors, at its meeting on January 5, 2026, allotted 1,75,79,824 fully paid-up bonus equity shares of Rs. 10 each in the ratio of 4:1 (four bonus shares for every one existing share). The record date for determining eligible shareholders was January 2, 2026. The new bonus shares will rank equally with existing shares in all respects, including dividend rights. The company had received in-principle approval for 1,97,07,776 bonus shares, but allotted a slightly lower number; the remaining 21,27,952 shares are kept in abeyance for future allotment upon conversion of warrants.
This is a highly favorable event for shareholders — a 4:1 bonus issue effectively quintuples the share count, which typically lowers the per-share price proportionally but increases liquidity and signals management's confidence in future growth. Shareholders holding shares as of the record date will receive four additional shares for every share owned, boosting their holdings significantly.