Kundan Minerals: KGMPL Becomes Associate Company

Kundan Minerals and Metals Ltd reports that its subsidiary, Kundan Gold Mines Private Limited (KGMPL), allotted Compulsory Convertible Debentures (CCD) on March 30, 2026, making KGMPL an Associate Company, converted on May 20, 2026. Consequently, Kundan Minerals Care Private Limited, a subsidiary of KGMPL, also became an Associate Company. KGMPL's turnover is NIL and net worth is ₹(43.68) Lakhs as of March 31, 2025. Kundan Minerals Care Private Limited, incorporated on June 9, 2025, has no available financial statement for March 31, 2025.