Kamdhenu Ventures Ltd. Allots Warrants to Promoter Group
Kamdhenu Ventures Limited announced the allotment of 2,96,45,000 warrants convertible into equity shares to Kamdhenu Limited, a promoter group entity. The allotment occurred on March 20, 2026, following approval from shareholders at an Extraordinary General Meeting held on March 13, 2026, and an in-principle approval from the National Stock Exchange of India Limited and BSE Limited on March 16, 2026.The total consideration for the allotment is Rs. 5,03,96,500, representing 25% of the total amount payable for the warrants. Each warrant has a face value of Re. 1 and carries a premium of Rs. 5.80, with an issue price of Rs. 6.80 per warrant. The warrants are electronically issued and subject to lock-in, and can be converted into equity shares within 18 months from the date of allotment, March 20, 2026.
The Preferential Issue Committee meeting commenced at 02:30 P.M. (IST) and concluded at 03:00 P.M. (IST).
| S. No. | Name of Allottee |
|---|---|
| 1 | Kamdhenu Limited |
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