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CWD LtdOthers, 07-04-2025: Announcement under Regulation 30 (LODR) - Allotment

07-04-2025 · 05:14 pm

CWD Limited's Board has approved the allotment of 4,82,043 equity shares and 4,76,868 warrants, each at an issue price of ₹907, comprising a face value of ₹10 and a premium of ₹897, on a preferential basis. The equity shares will bring in approximately ₹43.72 crore, while the warrants have secured about ₹10.81 crore in advance, representing 25% of their total issue price. A subsequent board meeting is set for April 9 to discuss remaining allotments. This move aims to bolster the company's financial health with potential growth opportunities, suggesting a positive outlook for investors.

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