Kamdhenu Limited has informed the Exchange about General Updates
KAMDHENU · price
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On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 2.9 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Kamdhenu Limited has informed the exchanges that Kamdhenu Ventures Limited (KVL) has allotted 1,46,45,000 equity shares (face value Re. 1 each) to Kamdhenu Limited upon conversion of an equal number of warrants. Kamdhenu Limited paid Rs. 7.47 crore, representing 75% of the total consideration for the conversion. The allotment was made by the Preferential Issue Committee of KVL's Board on 30th March 2026. This is a follow-up to an earlier intimation filed on the same day with full disclosure details.
This confirms the conversion of Kamdhenu Limited's warrants in group company KVL into equity shares, strengthening its stake in KVL. For Kamdhenu Limited shareholders, it is a procedural update with no direct material impact on its own stock, though it signals continued investment in the ventures subsidiary.