Kamdhenu Ventures Allots 1.5 Cr Shares on Warrant Conversion

Kamdhenu Ventures Ltd has allotted 1,50,00,000 equity shares following the conversion of warrants. This allotment is part of a larger issuance of 2,96,45,000 warrants at Rs. 6.80 each, convertible into equity shares. The company received 75% of the conversion amount, totaling Rs. 7,65,00,000 (Rs. 7.65 Crore), for these 1.5 crore warrants. The remaining 25% of the amount was received earlier. This conversion increases the company's paid-up equity share capital to Rs. 34,40,00,000 (Rs. 34.40 Crore), consisting of 34,40,00,000 equity shares. The newly allotted shares will rank pari-passu with existing shares.