Kamdhenu Limited — Important, 30-03-2026: Disclosure of material issue
Kamdhenu Ltd. (KL) is boosting its stake in group company Kamdhenu Ventures Ltd. (KVL) by converting 1.46 Cr warrants into equity shares. KL has paid the remaining ₹7.47 Cr for this conversion, bringing the total acquisition cost for these shares to ₹9.96 Cr.
**The Strategic Move:** This is a strategic investment by KL in the group's paint business, operated through KVL's wholly-owned subsidiary, Kamdhenu Colour & Coatings.
**Potential Impact:**
* KL will now hold 4.45% of KVL's post-issue paid-up capital.
* KVL plans to use these funds to expand its paint business and launch new product lines.
* This move aims for potential capital appreciation and long-term value for KL shareholders by participating in the paint sector's growth. KVL reported a consolidated turnover of ₹266.10 Cr and EBIDTA of ₹16.82 Cr for FY24-25.
**Company's Stance:** The Board believes this investment, at ₹6.80 per warrant, is favorable and aligns with the group's overall growth strategy, serving the best interest of the Company and its shareholders. The share allotment is expected within 15 days.
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