CWD Ltd Share Price

The company was incorporated as “CWD Innovation Private Limited” on May 30, 2016 under the Companies Act, 2013 with the Registrar of Companies, Mumbai. The status of the Company was changed to public limited and the name of the company was changed to CWD Innovation Limited
vide Special Resolution dated January 30, 2021.The fresh certificate of incorporation consequent to conversion was issued on February 18, 2021 by the Registrar of Companies, Mumbai. Further, the name of the company was changed to “CWD Limited” vide special resolution passed by the shareholders of the company in their meeting held on July 24, 2021 and a fresh Certificate of Incorporation consequent to the change of name was granted to the company on August 11, 2021, by the Registrar of Companies, Mumbai.

CWD stands for Connected Wireless Devices. The company is an Information and Communication Technology (ICT) based company that designs, develops, manufactures, and sells integrated solutions combining the power of software and electronics. All products that are designed and developed in the company are focused on wireless technologies either on short range radio technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid range systems like LORA or long-range communication systems like 5G LTE, NB-IOT, LTE CAT M1 etc.

The company is registered as a start-up with DIPP, with a focus to provide innovative, cost-effective, and comprehensive solutions, products with strategic partnerships for best engineering and support and distribution of its products.

The company is a fully integrated end-to-end integrated solution provider and original equipment manufacturers (OEMs) with capabilities ranging from global sourcing, manufacturing, quality testing, packaging, and logistics. It is an innovation-driven company with strong focus on research and development (R&D), which allows it to develop new products suited to customer requirements and helping them to stay ahead of the curve. It develops and designs products in-house at its own R&D unit. It manufactures and supplies these products to customers globally who in turn distribute these products under their own brands.

It has developed R&D capabilities that include electronics hardware designing, system architecture, mechanical and product designing, prototyping, and testing. Apart from undertaking designing, the company also assists its customers in cost reduction through product engineering.

Business area of the company

The company operates mainly through the segments of Consumer Electronics and Design and Development of Technology Solutions for various Enterprises and Businesses. Its diversified product portfolio includes Smart Medical Consumer Electronics, Products for Vaccine Tracking and Delivery, Tracking devices for Farm Cattle that monitor both movement and health, Electronics for converting Electric Power meter into a Smart Power meter, Employee Safety and
Identity Solutions, Electronics that once embedded provide Smart Lighting capabilities to enterprises and consumers reducing their costs, Bluetooth Low Energy Modules that can be used across various white goods and projects etc. The company’s comprehensive suite of innovative technology allows it to attract new customers and expand existing customer relationships.

Milestones / Achievements

• 2016: Incorporation of Company as CWD Innovation Pvt. Ltd.
• 2017: Filed Patent on “A Daisy Chainable Intelligent Modular Switch” Recognized as a startup by the Department of Industrial Policy and Promotion.
• 2018: Developed World’s first BLE Module with MESH SDK.
• 2019: Acquisition of 100.00% of the paid-up equity share capital of CWD Innovations HK Limited.
• 2020: Acquisition of 99.98% of the paid-up equity share capital of CWD Manufacturing Private Limited.
• 2021: Acquisition of 99.98% of the paid-up equity share capital of SDG Global Private Limited.