Kamdhenu Ventures Limited Allots Warrants to Promoter Group
Kamdhenu Ventures Limited announced the allotment of 2,96,45,000 warrants convertible into equity shares to the Promoter Group allottee, Kamdhenu Limited, on March 20, 2026.The Preferential Issue Committee of the Board of Directors approved the allotment, which follows approval from shareholders at an Extraordinary General Meeting held on March 13, 2026, and in-principle approval from the National Stock Exchange of India Limited and BSE Limited on March 16, 2026. The company received Rs. 5,03,96,500, representing 25% of the total amount payable for the warrants.
The warrants have a face value of Re. 1 per equity share and an issue price of Rs. 6.80 each (including a premium of Rs. 5.80). They are convertible into an equivalent number of equity shares within a period of 18 months from the date of allotment, March 20, 2026.
The warrants are being allotted in electronic form and are subject to lock-in, in compliance with applicable regulations. The company's equity share capital remains unchanged following the allotment.
Details of the Allotment:
| S. No. | Name of Allottee | Category |
|---|---|---|
| 1 | Kamdhenu Limited | Promoter Group |
Post-Preferential Issue Shareholding (Fully Diluted Basis):
| Name of the allottee | No. of shares | % | |
|---|---|---|---|
| Kamdhenu Limited | 2,96,45,000 | 8.62 |
The preferential issue was conducted at an issue price of Rs. 6.80 per warrant, as per applicable regulations.
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