Kamdhenu Ventures Limited disclosed the outcome of its Investment Committee meeting held on Tuesday, 3rd November, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Key Quantitative Figures
- Number of Shares: 2,125 equity shares
- Issue Price per Share: ₹36,000
- Face Value per Share: ₹10
- Premium per Share: ₹35,990
- Total Investment Amount: ₹7,65,00,000 (Rupees Seven Crore Sixty-Five Lakh Only)
Transaction Details
- Type of Offering: Right Issue by KCCL
- Form of Consideration: Cash
- Expected Completion Date: On or before 16th November, 2026
- Regulatory Exemption: The transaction is exempt from related party transaction rules under Regulation 23(5) of SEBI LODR Regulations as KCCL is a wholly-owned subsidiary.
Subsidiary Information (KCCL)
- Business: Engaged in the decorative Paint Business
- Incorporation Date: 16th November, 2019
- Geographic Presence: India
- Turnover History:
- FY 2025-26 (March 31, 2026): ₹24,526.25 Lakhs
- FY 2024-25 (March 31, 2025): ₹26,610 Lakhs
- FY 2023-24 (March 31, 2024): ₹29,170 Lakhs
Ownership Impact
The investment will not change the company's shareholding percentage in KCCL. KCCL will continue to remain a 100% wholly-owned subsidiary post-transaction.
Purpose and Rationale
The stated object of the acquisition is the "Infusion of funds in Kamdhenu Colour and Coatings Limited, the wholly-owned subsidiary for its business operations and expansion."
Meeting Details
The Investment Committee meeting commenced at 12:00 P.M. (IST) and concluded at 12:30 P.M. (IST) on 3rd November, 2026.