Acquisitions24 Mar 2026, 07:07 pm
Kamdhenu Ltd Converts Unsecured Loan to Maa Kudargarhi Steels Private Limited Equity Shares
AI Summary
Kamdhenu Ltd has converted an existing unsecured loan of Rs. 10,00,00,000/- provided to Maa Kudargarhi Steels Private Limited (MKSPL) into 20,000 equity shares. The conversion was done at a premium of Rs. 4990/- per equity share on a private placement basis. MKSPL has allotted 20,000 Equity Shares of Face Value Rs. 10 each at an Issue price of Rs. 5000/- per Equity Share to Kamdhenu Ltd. The details of this transaction were disclosed on Monday, 23rd March, 2026, in accordance with Regulation 30 of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
Key Highlights
- Kamdhenu Ltd converts unsecured loan to Maa Kudargarhi Steels Private Limited equity shares
- The conversion was done at a premium of Rs. 4990/- per equity share
- MKSPL allotted 20,000 Equity Shares of Face Value Rs. 10 each at an Issue price of Rs. 5000/- per Equity Share to Kamdhenu Ltd
- The transaction was disclosed in accordance with Regulation 30 of the SEBI Listing Regulations
- The disclosure was made on Monday, 23rd March, 2026