Kamdhenu Limited has informed regarding Board approval for proposal of for purchase of immovable property.
KAMDHENU · price
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Kamdhenu Limited's Board, at its meeting on 13th February 2026, approved a proposal to purchase immovable property located at Village Hajipur, Tehsil Kotkasim, District Alwar, Rajasthan. The seller is Nine Plus Infrastructure Private Limited, and the deal size is approximately Rs. 16 Crore (excluding stamp duty, registration fees, and related expenses). The plot is around 23,600 square meters in size. The transaction is not a related party deal and is subject to due diligence, title verification, and approvals from Bhiwadi Integrated Development Authority (BIDA) and other authorities. The Company Secretary signed off the disclosure under SEBI Listing Regulations.
This signals a capital outlay of ~Rs. 16 Crore toward land acquisition, likely for future expansion or operational needs, which could support growth if the land is put to productive use. Shareholders should watch for further updates on the purpose of the acquisition once due diligence and approvals are completed, as any delays or conditions could affect timelines.