CWD Ltd — Updates, 30-05-2025: Company Update

CWD Limited confirms there were no deviations in the use of funds raised via a preferential issue of Rs. 1041.50 lakh. The proceeds were fully utilized as intended for working capital, capital expenditure on testing tools, manufacturing jigs, and other machinery, along with general corporate purposes. This adherence to planned fund allocation ensures operational and expansion activities remain on track, maintaining investor confidence in the company’s financial discipline and growth strategy.