ImportantDisclosure of material issue
Kamdhenu Limited has called off its previously announced plan to acquire an immovable property in Alwar, Rajasthan.
Kamdhenu LimitedKAMDHENU · Filed with the exchange
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 in avoiding problematic acquisitions, thereby safeguarding shareholder interests.
The Board may review the transaction again in the future, subject to the clearance of the due diligence report.
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