Kamdhenu Ventures Ltd Completes Investment in Subsidiary Through Right Issue
Kamdhenu Ventures Ltd announced the completion of an investment in its wholly owned subsidiary, Kamdhenu Colour and Coatings Limited (KCCL). The investment was made through a Right Issue offer, where the company subscribed to 3,614 equity shares at an issue price of Rs. 36,000 per share.On April 10, 2026, the company remitted an amount totaling Rs. 13,01,04,000. This payment corresponds to the subscription for the allotment of 3,614 equity shares. KCCL is expected to allot the aforementioned equity shares to the company in due course.
The company's Investment Committee, comprising the Board of Directors, had previously approved this investment in KCCL. The details concerning this transaction were previously shared with the Stock Exchanges.
KAMOPAINTS Stock Price Movement
Today, Kamdhenu Ventures Limited stock gained momentum, closing at ₹5.60 after climbing 2.56% on the day. The equity saw significant activity, with shares settling today on a total traded volume of 1.02 million.Source:
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