Allotment of Equity Shares pursuant to conversion of Warrants.

July 22, 2026 BSE Limited P.J Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 543378 Dear Sir, Sub: Outcome of Board Meeting held on Wednesday July 22, 2026. Pursuant to Regulation 33 read with 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 July 22, 2026, inter alia considered and approved the following; 1. Allotment of Equity Shares pursuant to conversion of warrants:  Allotment of 71,576 Equity Shares pursuant to conversion of warrants into Equity of face value of Rs. 10/- each and an additional, 2,86,304 equity shares under the bonus issue in the proportion of 4:1 i.e., 4 (Four) new fully paid-up equity share 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 “Promoters Category and 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).  On allotment of the aforesaid shares, the paid-up capital of the Company will be increased from Rs 22,40,18,600/- (2,24,01,860 equity shares of face value of Rs. 10/- each fully paid up) to Rs. Rs 22,75,97,400/- (2,27,59,740 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-POD2/1/3762/2026 dated January 30, 2026 as amended, is enclosed herewith as ‘Annexure B’. We wish to inform you that Board Meeting commenced today at 4:30 P.M and concluded at 05:00 P.M Kindly acknowledge and oblige. Thanking You, Yours Faithfully, For CWD Limited Tejas Kothari Joint 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 Category No. of No. Bonus No. of Amount No. of .no Allottees warrants warrants Entitlement Equity Received warrants held applied shares being pending for allotted 75% of for conversio the issue conversio n price per n warrant (in Rs.) 1. Ketan Public 22,000 22,000 88,000 1,10,000 1,49,65,5 Nil Vallabhdas 00 Thakkar 2. Nirmala Public 5,500 5,500 22,000 27,500 37,41,375 Nil Kabra 3. Nexta Public 33,076 33,076 1,32,304 1,65,380 2,24,99,9 Nil Enterprises 49 4. Alpa Public 5,500 5,500 22,000 27,500 37,41,375 Nil Dhakan 5. Dinero Public 5,500 5,500 22,000 27,500 37,41,375 Nil Finance & Investments Private Limited Total 71,576 71,576 2,86,304 3,57,880 48,689,57 *Allotment of 71,576 Equity Shares of face value of Rs. 10/- each on Conversion of Warrants 71,576 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) per warrant allotted to Warrant Holder. **Additional Allotment of 2,86,304 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/- (Rupees Ten only) each for every 1 (One) existing fully paid-up equity share of Rs. 10/- (Rupees Ten only) 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-POD2/1/3762/2026 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 The Company has allotted 71,576 equity shares of total amount for which the securities the face value of Rs. 10/- each pursuant to the issued (approximately); conversion of warrants and an additional, 2,86,304 equity shares under the bonus issue in the proportion of 4:1 i.e., 4 new fully paid-up equity share 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 -Outcome of Pursuant to this allotment, the paid-up share capital the subscription; of the Company is increased to Rs. 22,75,97,400/- (2,27,59,740 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 convertibles) • Issue Price: Rs. 907/- Per warrant • 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 • 5 (Five) 6. In case of convertibles - intimation on the Allotment of 71,576 equity shares, having face conversion of securities or on a lapse of value of Rs. 10/- each, pursuant to the conversion of the tenure of the instrument 71,576 of Warrants. Additional Allotment of 2,86,304 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/- (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.