Q2 Results Approved; Preferential Issue Fund Reallocated, Timeline Extended to Dec 2026
KAMDHENU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts less than Nifty Microcap 250 and 5.0 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board approved unaudited Q2 and H1 FY26 results reviewed by statutory auditors S.S. Kothari Mehta & Co. LLP. Separately, due to non-exercise of 14.97 lakh warrants by some holders, the company received only Rs 57.44 crore against the Rs 97.08 crore target from the preferential issue. The Board approved reallocating Rs 11 crore from new office premises (construction now not feasible) to other objects like franchisee investment and brand building, and extended the fund utilization timeline from Dec 31, 2025 to Dec 31, 2026. Subject to shareholder approval via postal ballot.
Shortfall from unexercised warrants delayed the company's expansion plans by a year. Shareholders will vote on revised fund allocation through a postal ballot.