Announced Wed, 8 Apr · 17:22 IST
Promoter group acquires 1.46 cr shares via warrant conversion in Kamdhenu Ventures
KAMOPAINTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.7%1-day move
₹5.40
prior close
₹5.51
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.3+3.1+3.1+2.2+3.7+0.7+4.3+5.4+7.2+5.4+0.7+1.7-5.2-8.0
Up moveDown movePending
AI summary
Kamdhenu Limited, part of the promoter group, acquired 1,46,45,000 equity shares (face value Re. 1) in Kamdhenu Ventures Ltd through conversion of warrants via preferential allotment. The promoter group's aggregate stake rose from 50.33% to 52.54% on voting rights basis, and from 46.00% to 50.24% on a fully diluted basis.
Likely market impact
Promoter group crosses 50% on diluted basis, strengthening control. Signals confidence via warrant conversion to equity.