Rights Issue30 Oct 2026, 05:51 pm
Kamdhenu Ventures Subsidiary Approves Rights Issue
AI Summary
Kamdhenu Colour and Coatings Limited (KCCL), a wholly-owned subsidiary of Kamdhenu Ventures Ltd, has approved a rights issue of 2,125 equity shares at ₹36,000 per share, aggregating to ₹7.65 Crore. The rights issue will be open from November 3rd to November 9th, 2026. Additionally, Smt. Saroj Punhani has been appointed as an Additional Director (Non-Executive Independent) on KCCL's board for a five-year term, subject to member approval. Kamdhenu Ventures' Investment Committee will decide on the subscription and investment amount for the rights issue.
Key Highlights
- KCCL approves rights issue of ₹7.65 Crore.
- Rights issue open from Nov 3-9, 2026.
- Smt. Saroj Punhani appointed as Independent Director.
- Appointment subject to shareholder approval.
- Kamdhenu Ventures to decide on subscription.
Price Impact
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