CWD Ltd — Important, 29-12-2025: Company Update
29-12-2025 | 09:48 pm
29-12-2025 | 09:48 pm
CWD Limited's shareholders have approved an increase in the company's authorized share capital via a postal ballot. The authorized capital has been revised from 10 Cr (1 crore equity shares of Rs. 10 each) to 35 Cr (3.5 crore equity shares of Rs. 10 each). This amendment to the company's Memorandum of Association grants greater flexibility for future equity issuances, enabling potential growth and funding initiatives without immediate further shareholder authorization for the capital itself. This move is significant for the company’s long-term financing strategy.
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