Kamdhenu Limited has informed regarding approval of Board of Directors for making investment in Kamdhenu Ventures Limited, a Promoter group entity, by subscribing to warrants convertible into equity shares.
KAMDHENU · price
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Kamdhenu Limited's Board approved investing around Rs. 20.16 crore in Kamdhenu Ventures Limited (KVL), a promoter group company listed on NSE and BSE, by subscribing to 2,96,45,000 convertible warrants at Rs. 6.80 each. Each warrant is convertible into one equity share within 18 months, with 25% payable upfront and 75% on conversion. Post-conversion, Kamdhenu will hold 8.62% of KVL's paid-up capital. KVL operates in the paint business through its wholly-owned subsidiary Kamdhenu Colour and Coatings Limited, and the investment is aimed at supporting KCCL's expansion and new product launches. Separately, the company posted Q3 FY26 revenue of Rs. 168.83 crore and net profit of Rs. 20.80 crore, up sharply from Rs. 12.45 crore in Q3 FY25, with 9M FY26 PAT rising to Rs. 60.92 crore from Rs. 43.78 crore a year earlier.
The investment gives Kamdhenu shareholders indirect exposure to the group's growing paints business at a price the Board views as favorable versus market levels, potentially creating long-term value. Strong Q3 earnings, with PAT growth of about 67% year-on-year, reinforce the company's improving profitability and should support the stock sentiment.