Allotment of Equity Shares pursuant to conversion of warrants

pSeptember 25, 2026 BSE Limited P.J Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 543378 Dear Sir / Madam, Sub: Outcome of Board Meeting held on Friday, September 25, 2026. Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“LODR Regulations”), we hereby inform you that the Board of Directors of the Company in its meeting held on September 25, 2026, inter alia considered and approved the following: Allotment of Equity Shares pursuant to conversion of warrants: • Allotment of 1,15,654 Equity Shares of face value of Rs. 10/- each pursuant to the conversion of warrants and an additional 4,62,616 equity shares under the bonus issue in the proportion of 4:1 i.e., 4 (Four) new fully paid-up equity shares of Rs. 10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs. 10/- (Rupees Ten only) each approved on 24th December 2025 via postal ballot and the required “in-principle” approval for the same has been duly received, to “Non-Promoters Category”, on preferential basis, upon receipt of balance Rs. 680.25/- per warrant (being 75% of Rs. 907/- the issue price per warrant) aggregating to Rs. 7,86,73,633.50/-. • On allotment of the aforesaid shares, the paid-up capital of the Company will be increased from Rs. 22,75,97,400/- (2,27,59,740 equity shares of face value of Rs. 10/- each fully paid up) to Rs. 23,33,80,100/- (2,33,38,010 equity shares of face value of Rs. 10/- each fully paid up). The new equity shares so allotted shall rank pari passu with the existing equity shares of the Company. • The list of allottees of Equity Shares pursuant to conversion of Warrants allotted on Preferential Basis is enclosed herewith as “Annexure A”. • The disclosure as required under Regulation 30 of SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as amended, is enclosed herewith as “Annexure B”. We wish to inform you that Board Meeting commenced today at 03:30 P.M. and concluded at 04:00 P.M. Kindly acknowledge and oblige. Thanking You, Yours Faithfully, For CWD Limited Tejas Kothari Jt. Managing Director & CFO DIN: 01308288 Annexure A The Name of the allottees of Equity Shares pursuant to the Conversion of Warrants allotted on a Preferential Basis: Sr. Names of Catego No. of No. of Bonus No. of Amount No. of No Allottees ry warrants warrants Entitlement Equity Received warrants . held applied for shares being 75% of pending conversion allotted the issue price for per warrant conversi (in Rs.) on 1 Public Nil Jigar Shah 11,025 11,025 44,100 55,125 74,99,756.25 2 Public Nil Ramesh Vyas 11,000 11,000 44,000 55,000 74,82,750.00 3 Public Nil Neera Gupta 49,614 49,614 1,98,456 2,48,070 3,37,49,923.50 4 Resurgence Public Nil Fincap Advisors Pvt Ltd 11,000 11,000 44,000 55,000 74,82,750.00 5 Sumit Public Nil Maheshwari 5,515 5,515 22,060 27,575 37,51,578.75 6 Tumul Kumar Public Nil Jain 2,750 2,750 11,000 13,750 18,70,687.50 7 Kaviraj Public Nil Securities Private Limited 11,000 11,000 44,000 55,000 74,82,750.00 8 Public Nil Atul Jain 2,750 2,750 11,000 13,750 18,70,687.50 9 Shubham Public Nil Builwell Pvt Ltd 11,000 11,000 44,000 55,000 74,82,750.00 Total 1,15,654 1,15,654* 4,62,616** 5,78,720 7,86,73,633.50 *Allotment of 1,15,654 Equity Shares of face value of Rs. 10/- each on Conversion of 1,15,654 Warrants at an issue price of Rs. 907 /- upon receipt of balance Rs. 680.25/- warrant (being 75% of Rs. 907/- the issue price per warrant) allotted to Warrant Holders. **Additional allotment of 4,62,616 Equity Shares of face value of Rs. 10/- each pursuant to the reservation made under the bonus issue in the proportion of 4:1 i.e., 4 (Four) new fully paid-up equity shares of Rs. 10/- each for every 1 (One) existing fully paid-up equity share of Rs. 10/- each, and the required "in-principle" approval for the same has been duly received. Annexure B The disclosure as required under Regulation 30 of SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 as amended are as under: Sr. Particulars Description 1. Type of securities issued Equity Shares pursuant to conversion of warrants. 2. Type of issuance Preferential Allotment 3. Total number of securities issued or The Company has allotted 1,15,654 equity shares of the face value of Rs. the total amount for which the 10/- each pursuant to the conversion of warrants and an additional securities issued (approximately); 4,62,616 equity shares under the bonus issue in the proportion of 4:1 i.e., 4 new fully paid-up equity shares of Rs. 10/- each for every 1 existing fully paid-up equity share of Rs. 10/- each approved on 24th December 2025 via postal ballot and the required “in-principle” approval for the same has been duly received. Additional information in case of preferential issue: 4. Name of the Allottee; As per Annexure A 5. Post allotment of securities - Pursuant to this allotment, the paid-up share capital of the Company is Outcome of the subscription; increased to Rs. 23,33,80,100/- (2,33,38,010 equity shares of face value of Rs. 10/- each fully paid up). including Equity Shares pursuant to Conversion and Bonus Entitlement). Issue price / allotted price (in case of • Issue Price: Rs. 907/- per warrant convertibles) • Subscription Price: Rs. 226.75 per warrant (25% of Issue Price) • Conversion Price: Rs. 680.25 per warrant (75% of Issue Price) Number of investors 9 (Nine) 6. In case of convertibles - intimation Allotment of 1,15,654 equity shares, having face value of Rs. 10/- each, on the conversion of securities or on pursuant to the conversion of 1,15,654 Warrants. a lapse of the tenure of the Additional Allotment of 4,62,616 Equity Shares of face value of Rs. 10/- instrument each pursuant to the reservation made under the bonus issue in the proportion of 4:1 i.e., 4 (Four) new fully paid-up equity shares of Rs. 10/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs. 10/- (Rupees Ten only) allotted through conversion of Warrants. Post this allotment, 2,48,329 warrants remain pending for conversion. Kindly acknowledge and oblige. Thanking You, Yours Faithfully, For CWD Limited Tejas Kothari Jt. Managing Director & CFO DIN: 01308288