Kamdhenu Limited Converts Loan to Equity in Franchisee Unit
Kamdhenu Limited announced the allotment of 20,000 equity shares by Maa Kudargarhi Steels Private Limited (MKSPL), a franchisee unit, following the conversion of an unsecured loan. The conversion relates to a loan of 10,00,00,000 previously provided by Kamdhenu Limited to MKSPL.The loan was converted into equity shares with a face value of Rs. 10 each, issued at a premium of Rs. 4990 per share, resulting in an issue price of Rs. 5000 per equity share. The total value of the equity received by Kamdhenu Limited is 20,00,00,000.
Further details regarding this transaction were previously disclosed on March 23, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Khem Chand, Company Secretary & Compliance Officer, confirmed the transaction.
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