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Paints
Investment31 Mar 2026, 06:11 pm

Kamdhenu Ventures' Subsidiary Approves Rs. 13.68 Crore Right Issue

AI Summary

Kamdhenu Ventures Ltd. announces that its wholly owned subsidiary, Kamdhenu Colour and Coatings Limited (KCCL), has received approval for a right issue of 3,800 equity shares with a face value of Rs. 10 each at an issue price of Rs. 36,000 per share. This move aims to raise a total of Rs. 13,68,00,000 from existing shareholders. The right issue offer letter date is set for 31st March 2026, and the offer will remain open from 4th April 2026 to 10th April 2026. Kamdhenu Ventures Limited's investment committee will review, consider, and decide the number of shares to be subscribed and the amount to be invested by the company in the right issue.

Key Highlights

  • Kamdhenu Colour and Coatings Limited (KCCL) approved a right issue of 3,800 equity shares
  • The right issue aims to raise Rs. 13,68,00,000 from existing shareholders
  • The right issue offer letter date is 31st March 2026, and the offer will be open from 4th April 2026 to 10th April 2026
  • Kamdhenu Ventures Limited's investment committee will decide the number of shares and investment amount for the company in the right issue
KAMOPAINTS
Paints
Kamdhenu Ventures Ltd

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