Kamdhenu Converts Rs.10Cr Loan into MKSPL Equity

Kamdhenu Limited's Loan & Investment Committee approved converting a Rs. 10 crore unsecured loan into 20,000 equity shares of franchisee MKSPL.
The acquisition price is Rs. 5,000 per share (face value Rs. 10 + premium Rs. 4,990), resulting in a 0.88% post-allotment stake in MKSPL.
MKSPL, a TMT bar and wire rod manufacturer in Raipur, reported FY25 turnover of Rs. 1,751.12 crore and EBITDA of Rs. 108.45 crore.
The transaction involves no fresh capital infusion; it is a restructuring of existing financial exposure, expected to complete by 31st March, 2026.