KAMOPAINTSNSEKamdhenu Ventures LimitedLowNeutral
Announced Fri, 13 Mar · 17:49 IST

Kamdhenu Ventures Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on March 13, 2026. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF

KAMOPAINTS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Kamdhenu Ventures Limited held an Extra-Ordinary General Meeting on March 13, 2026, via video conferencing where shareholders voted on two resolutions. Both resolutions were passed with overwhelming support of 99.9995% in favour. Resolution 1 (Ordinary) approved an increase in the company's authorised share capital along with a corresponding amendment to the Memorandum of Association. Resolution 2 (Special) approved the issue of warrants convertible into equity shares to persons belonging to the Promoter Group on a preferential basis — a related-party transaction in which promoters themselves had a stated interest. Total voting turnout was about 51.38% of outstanding equity shares (161,527,512 shares), with promoter group voting all 158,209,800 of their shares in favour. The meeting, held from 11:30 AM to 12:13 PM, was attended by 18 promoter group shareholders and 56 public shareholders via video conferencing out of a total 100,390 shareholders on record.

Likely market impact

Existing public shareholders may face equity dilution once the promoter-group warrants are converted into shares. However, the near-unanimous approval signals strong shareholder confidence in both the capital expansion plan and the preferential allotment to promoters.