Kamdhenu Ventures Approves Investment in Wholly Owned Subsidiary via Right Issue
Kamdhenu Ventures Ltd announced that its Investment Committee, during a meeting held on April 10, 2026, approved an investment in Kamdhenu Colour and Coatings Limited (KCCL), the company's Wholly Owned Subsidiary (WOS).The investment is structured through a Right Issue offered by the company to KCCL, involving the subscription of 3,614 equity shares. The transaction carries an issue price of Rs. 36,000 per share, against a face value of Rs. 10 per share and a premium of Rs. 35,990 per share. This arrangement aggregates to a total investment amount of Rs. 13,01,04,000.
The meeting for the Investment Committee commenced at 11:00 A.M. IST and concluded at 11:55 A.M. IST.
KCCL Business Profile and Transaction Details
KCCL is noted as being engaged in the Paint Business and is a wholly-owned subsidiary of Kamdhenu Ventures. The entity was incorporated on November 16, 2019, and operates in the Paint Industry. The purpose of the infusion of funds is for the business operations and expansion of KCCL.The financial details provided for KCCL's turnover over the last three years are detailed in the table below:
| Financial Year | Turnover (Rs. In Lakhs) |
|---|---|
| March 31, 2025 | 26,610 |
| March 31, 2024 | 29170 |
| March 2023 | 25,051 |
In terms of the transaction specifics, the cost of acquisition is Rs. 13,01,04,000, and the price of acquisition is Rs. 36,000 per share. The transaction is noted to be at arm's length, and since KCCL is a wholly owned subsidiary, the transaction is exempt from being a Related Party Transaction under specific regulations.
The investment is expected to be completed on or before April 30, 2026. The company stated that this investment will not cause any change in the percentage of the Equity Shareholding of the Company in KCCL.
KAMOPAINTS Stock Price Movement
Shares of Kamdhenu Ventures Limited are edging higher to ₹5.55 as of 12:06 PM today, rallying 1.65% in live trading. The stock has seen notable liquidity, trading on a volume of 447,693 shares during the morning session.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.