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Incorporated in 1994, Kamdhenu Ltd. is engaged in the manufacturing, marketing, branding and distribution of TMT Bars, structural steel, paints and allied products under the brand name “KAMDHENU”.
Kamdhenu Limited has called off its previously announced plan to acquire an immovable property in Alwar, Rajasthan. The issue arose after due diligence revealed specific concerns and observations regarding the property. While this cancellation may delay any potential expansion plans tied to this asset, it underscores the company's prudent approach...
Kamdhenu Ltd. (KL) is boosting its stake in group company Kamdhenu Ventures Ltd. (KVL) by converting 1.46 Cr warrants into equity shares. KL has paid the remaining ₹7.47 Cr for this conversion, bringing the total acquisition cost for these shares to ₹9.96 Cr. **The Strategic Move:** This is a strategic...
**Issue:** Kamdhenu Limited's Loan and Investment Committee has approved converting an existing 10 Cr unsecured loan to its franchisee, Maa Kudargarhi Steels Private Limited (MKSPL), into equity shares. **Possible Impact:** This isn't a fresh cash outflow for Kamdhenu; it's a financial restructuring. The conversion gives Kamdhenu a 0.88% equity stake...
Kamdhenu Ltd. has made the initial payment towards its investment in Kamdhenu Ventures Ltd. (KVL). The company paid Rs 5.04 Cr, which is 25% of the total Rs 20.16 Cr investment. This payment secures 2.96 Cr warrants at Rs 6.80 each, which KVL will now allot. This confirms Kamdhenu is...
Kamdhenu Ltd.'s Board has approved the acquisition of an immovable property in Alwar, Rajasthan, for approximately ₹16 Cr. **Issue:** The company is expanding its asset base by purchasing a plot of approximately 23,600 Sq. Mtr. **Possible Impact:** This move could facilitate future expansion or operational growth for Kamdhenu, signaling strategic...