Kamdhenu Limited — Important, 13-02-2026: Disclosure of material issue

Kamdhenu's Board has approved a strategic investment in group company Kamdhenu Ventures Ltd (KVL)! 🎨

**The Issue & Impact:**

* **Big Bet on Paint:** Kamdhenu will invest ₹20.16 Cr to acquire 2.96 Cr convertible warrants of KVL at ₹6.80 each. Upon conversion, this gives Kamdhenu an 8.62% stake in KVL.

* **Growth Driver:** KVL operates in the paint sector via its subsidiary. Funds raised by KVL will fuel its expansion & launch new products. This move aims to tap into the paint business growth.

**Company's Response/Mitigation:**

* Kamdhenu sees this as a "strategic investment" for "potential capital appreciation and long-term value," aligning with group growth. The Board considers the issue price "favorable" and the investment "in the best interest of the Company and its shareholders."

**Q3 & 9M FY26 Results Snapshot:** 📈

* **Q3 Net Profit:** ₹20.80 Cr

* **9M Net Profit:** ₹60.92 Cr

* **Q3 Revenue:** ₹168.83 Cr

* **9M Revenue:** ₹555.75 Cr

**Preferential Issue Proceeds Update:**

* Due to partial non-conversion of warrants from a previous issue, Kamdhenu received ₹57.44 Cr against a planned ₹97.08 Cr.

* The Board, with shareholder approval, revised the fund allocation & extended utilization timelines to Dec 2026. Unutilized ₹4.90 Cr is now in fixed deposits. No deviation in fund usage.

**Other Note:** The company assessed the impact of new Labor Codes and found it "not material" for the current financial results.

What's your take on Kamdhenu's paint sector play? #Kamdhenu #StockMarket #Investment #PaintSector #Q3Results