CWD Limited , a player in the consumer electronics sector, has successfully completed its postal ballot process with shareholders unanimously approving all nine resolutions. The company has now submitted the scrutinizer's report to BSE Limited, marking a significant milestone in its corporate restructuring initiatives.

Postal Ballot Results Overview

The postal ballot process concluded with overwhelming shareholder support across all resolutions:

Bonus Issue Implementation

Following shareholder approval, CWD Limited has announced the implementation timeline for its bonus share issuance:

The company has informed BSE Limited about the record date in compliance with Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Capital Restructuring Approved

Shareholders have approved the increase in authorized capital with unanimous support:

Leadership Reappointments Confirmed

All three key leadership reappointments received shareholder approval:

Stock Exchange Migration Approved

Shareholders have unanimously approved the company's dual-listing strategy:

1. Migration from BSE SME platform to BSE Main Board
2. Direct listing on National Stock Exchange (NSE) Main Board

This strategic move is expected to broaden the company's investor base and improve stock liquidity.

Additional Approvals

Shareholders also approved several other key resolutions with 100% support:

Regulatory Compliance

CWD Limited has submitted the scrutinizer's report to BSE Limited in compliance with Regulation 44 of SEBI (LODR) Regulations, 2015. The report confirms that all resolutions were passed with requisite majority and are deemed effective from December 24, 2025.

With the record date now fixed for the bonus issue and all corporate restructuring initiatives approved, CWD Limited is positioned for enhanced market presence in the consumer electronics sector. The unanimous shareholder support reflects strong confidence in the company's strategic direction and growth plans.

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.