CWD Limited has successfully completed the allotment of 1,75,79,824 bonus equity shares following its board meeting held on January 5, 2026. The electronics sector company executed the bonus share distribution in the previously announced 4:1 ratio for shareholders as on the record date of January 2, 2026.

Bonus Share Allotment Details

The board of directors formally allotted the bonus equity shares with a face value of ₹10 each during their meeting that commenced at 3:35 PM and concluded at 4:00 PM on January 5, 2026. The allotment follows the company's earlier announcement setting January 2, 2026, as the record date.

Regulatory Compliance and Share Rights

The bonus equity shares allotted will rank pari-passu in all respects with existing equity shares, carrying identical rights including dividends and other corporate benefits declared after the allotment. The company has confirmed that bonus shares will be credited to eligible shareholders within statutory and regulatory timelines as per SEBI regulations.

Stock Exchange Approval and Abeyance Shares

CWD Limited received in-principle approval from the stock exchange for allotment of 1,97,07,776 bonus equity shares. However, the company allotted 1,75,79,824 shares, keeping 21,27,952 bonus equity shares under abeyance. These abeyance shares will be allotted to warrant holders upon conversion of warrants into equity shares.

Impact on Shareholders

Shareholders who held CWD Limited shares on January 2, 2026, are entitled to receive four bonus shares for every one share held. This corporate action increases the total outstanding shares while maintaining proportional ownership for existing shareholders. The bonus issuance typically enhances stock liquidity and makes shares more accessible to retail investors through proportional price reduction.

CWD Limited , a player in the consumer electronics space, has successfully completed the re-appointment of its key leadership team following shareholder approval through a postal ballot process.

Shareholder Approval Confirmed

Pursuant to Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, CWD Limited has informed the stock exchanges that shareholders have approved the re-appointment of three key executives through the postal ballot notice dated November 21, 2025. The approvals were confirmed based on the Scrutiniser's Report on voting results.

Leadership Profiles

Tejas Kothari - Joint Managing Director

Tejas Kothari brings over 25 years of professional experience and holds a Bachelor of Commerce from the University of Bombay. Under his leadership, the company has scaled significantly and successfully expanded into multiple segments within the consumer electronics space. He is responsible for overseeing business operations, driving strategic growth initiatives, strengthening industry relationships, and guiding long-term development. He is married to Mrs. Amishi Kothari, Non-Executive Director of the company.

Siddhartha Xavier - Joint Managing Director

A Computer Science and Engineering graduate from Bharathiar University, Siddhartha Xavier has nearly two decades of experience in the technology sector. He oversees overall business operations, drives strategic initiatives, builds industry relationships, and leads the company's ongoing business development and growth efforts. He is the brother of Mr. Aditya Xavier, Whole Time Director of the company.

Aditya Xavier - Whole-time Director

Aditya Xavier holds a Bachelor's degree in Computer Science and Engineering from Jawaharlal Nehru Technological University and brings over a decade of experience in the technology industry. He is responsible for overseeing overall business operations, strengthening industry networks, and driving strategic initiatives that support the company's ongoing growth and development. He is the brother of Mr. Siddhartha Xavier, Joint Managing Director of the company.

Regulatory Compliance

The company has confirmed that all three directors are not debarred from holding office pursuant to any SEBI Order or any other authority. The re-appointments comply with BSE Circular LIST/COMP/14/2018-19 and NSE Circular NSE/CML/2018/24, both dated June 20, 2018, regarding director eligibility requirements.

Strategic Implications

The successful re-appointment of these key directors for extended five-year terms demonstrates CWD Limited's commitment to leadership stability and continuity in its strategic direction. This move reflects confidence in the current management team's ability to drive growth and expansion in the consumer electronics sector, particularly given their collective experience spanning technology, operations, and strategic development.