CWD Limited has announced a board meeting on the allotment of 1,10,100 equity shares to non-promoter investors upon conversion of warrants at an issue price of Rs. 747 each.

The company received Rs. 6.17 Cr as 75% payment towards exercise of conversion rights.

Post allotment, the paid-up equity capital increased to Rs. 4.39 Cr with 43,89,443 shares of Rs. 10 each.

The allotment strengthens the company’s equity base and reflects continued investor interest from non-promoter categories.

No warrants remain outstanding following this conversion.