CWD Ltd — Board Meeting, 07-04-2025: Outcome of the Board Meeting held on Monday, April 07, 2025.
07-04-2025 · 05:12 pm
CWD Limited has announced a board meeting to approve the allotment of 4,82,043 equity shares and 4,76,868 warrants convertible into equity shares, both offered at an issue price of ₹907 per share. The total funds raised from the equity share issue amount to ₹43.72 crore, with an additional ₹10.81 crore received for the warrants. Another board meeting is scheduled to finalize the pending allotments for funds yet to be received. This capital raise could enhance the company’s liquidity, potentially leading to growth opportunities and a positive outlook for investors.
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