CWD Ltd — Important, 30-05-2026: Company Update
30-05-2026 | 12:25 am
30-05-2026 | 12:25 am
CWD Limited has announced a board meeting where it approved the financial results for the half year and year ended March 31, 2026. The board also approved the allotment of 192,565 new equity shares. This includes 38,513 shares from warrant conversions and an additional 154,052 bonus shares (4:1 ratio). This increases the company's paid-up capital from 22.21 Cr to 22.40 Cr. Auditors noted that 13.21 Cr in Intangible Assets and Under Development, including capitalized salary expenses, relied on management estimates, impacting their assessment of capitalization appropriateness. The company utilized 63.96 Cr from preferential allotments.
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