CWD Limited has secured a substantial purchase order worth Rs. 45.24 crores for the supply of communication products, marking a significant business development for the company. The order was announced through a regulatory filing dated March 18, 2026, in compliance with SEBI disclosure requirements.

Order Details and Specifications

The purchase order has been awarded by a domestic fintech company, though the client's identity remains undisclosed due to competitive considerations. The contract encompasses the supply of communication products and is classified as a domestic order.

Regulatory Compliance and Disclosure

CWD Limited made this announcement in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that neither the promoters nor promoter group companies have any interest in the entity that awarded the order.

Key compliance aspects include:

• No related party transaction involvement
• Arms-length transaction confirmation
• Full regulatory disclosure compliance
• Transparent reporting of material contract terms

Business Impact and Execution

The order represents a significant addition to CWD Limited's order book in the communication products segment. With a 3-month execution timeline, the company is positioned to deliver the contracted products within the specified timeframe. The contract follows standard terms and conditions as outlined in the agreement between the parties.

This development strengthens CWD Limited's position in the domestic communication products market and demonstrates the company's capability to secure substantial orders from established fintech entities. The order value of Rs. 45.24 crores plus applicable taxes represents meaningful revenue potential for the company's current fiscal performance.

CWD Limited has announced the resignation of CS Pratima Bajaj from her position as Company Secretary and Compliance Officer, effective March 1, 2026. The company informed BSE Limited about this development on March 2, 2026, in compliance with regulatory disclosure requirements.

Resignation Details

CS Pratima Bajaj, holding membership number A39348, submitted her resignation letter on March 1, 2026, citing personal reasons for her departure. The resignation became effective immediately from the same date.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The resignation details have been provided in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Formal Documentation

The resignation process involved comprehensive documentation as per regulatory requirements:

Next Steps

CWD Limited has outlined the following procedural steps:

• The Board will formally note the resignation at its ensuing Board Meeting
• The company will appoint a new Company Secretary and Compliance Officer
• Stock exchange intimation regarding the new appointment will be provided in due course
• Necessary forms will be filed with the Registrar of Companies

Management Communication

The intimation was signed by Mr. Tejas Kothari, Joint Managing Director & CFO (DIN: 01308288), who digitally signed the document on March 2, 2026. In her resignation letter, Pratima Bajaj expressed gratitude to the Board of Directors and Management for their support and guidance during her tenure, describing her time with the company as professionally rewarding.

The company has assured stakeholders that it will maintain compliance with all regulatory requirements during the transition period and will promptly communicate details of the new appointment once finalized.