Investment3 Nov 2026, 06:10 pm
Kamdhenu Ventures Invests ₹7.65 Cr in Subsidiary KCCL
AI Summary
Kamdhenu Ventures Ltd has remitted ₹7.65 Crore (₹7,65,00,000) on November 3, 2026, to subscribe to 2,125 equity shares of its wholly-owned subsidiary, Kamdhenu Colour and Coatings Limited (KCCL). The subscription is on a Rights Issue basis at an issue price of ₹36,000 per share. This investment is in furtherance of an earlier approval granted by the Investment Committee of the Board of Directors. KCCL will allot the shares to Kamdhenu Ventures in due course. The company has provided complete details as required under SEBI Listing Regulations.
Key Highlights
- Kamdhenu Ventures invested ₹7.65 Crore in its subsidiary KCCL.
- Investment made via Rights Issue subscription.
- Acquisition of 2,125 equity shares at ₹36,000 each.
- Furtherance of prior Board Investment Committee approval.
Price Impact
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