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 investment by KL in the group's paint business, operated through KVL's wholly-owned subsidiary, Kamdhenu Colour & Coatings. **Potential Impact:** * KL will now hold 4.45% of KVL's post-issue paid-up capital. * KVL plans to use these funds to expand its paint business and launch new product lines. * This move aims for potential capital appreciation and long-term value for KL shareholders by participating in the paint sector's growth.

KVL reported a consolidated turnover of ₹266.10 Cr and EBIDTA of ₹16.82 Cr for FY24-25. **Company's Stance:** The Board believes this investment, at ₹6.80 per warrant, is favorable and aligns with the group's overall growth strategy, serving the best interest of the Company and its shareholders.

The share allotment is expected within 15 days. #Kamdhenu #StrategicInvestment #PaintSector #EquityGrowth