Kamdhenu Ventures Limited has announced a substantial investment in its paint business subsidiary, marking a strategic move to strengthen its position in the decorative paints sector. The company's Investment Committee approved the investment during a meeting held on April 10, 2026.
Investment Details and Structure
The Investment Committee has approved making an investment of ₹13.01 crore in Kamdhenu Colour and Coatings Limited (KCCL), the company's wholly-owned subsidiary. The investment will be made through a right issue offer, with the following key parameters:
Parameter: Details Number of Shares: 3,614 equity shares Issue Price: ₹36,000 per share Face Value: ₹10 per share Premium: ₹35,990 per share Total Investment: ₹13,01,04,000 Completion Timeline: On or before April 30, 2026
KCCL Business Performance
Kamdhenu Colour and Coatings Limited, incorporated on November 16, 2019, operates in the decorative paint business with presence across India. The subsidiary has demonstrated consistent performance in recent years, with the following turnover figures:
Financial Year: Turnover (₹ in Lakhs) March 31, 2025: 26,610 March 31, 2024: 29,170 March 31, 2023: 25,051
Strategic Rationale and Impact
The fund infusion is specifically intended for KCCL's business operations and expansion activities. As a wholly-owned subsidiary, KCCL will continue to maintain its 100% ownership structure under Kamdhenu Ventures, with no change in the percentage of equity shareholding following this investment.
Regulatory Compliance
The transaction falls under related party transactions as KCCL is a wholly-owned subsidiary. However, under Regulation 23(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the transaction is exempt from related party transaction requirements. The investment has been structured as a cash consideration through the right issue mechanism.
Meeting Proceedings
The Investment Committee meeting commenced at 11:00 AM IST and concluded at 11:55 AM IST on April 10, 2026. The company has fulfilled its disclosure obligations under Regulation 30 of SEBI LODR Regulations, providing comprehensive details about the investment decision and its implications for the subsidiary's growth trajectory.
Kamdhenu Limited has disclosed the acquisition of 1,46,45,000 equity shares in Kamdhenu Ventures Limited through warrant conversion under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition was completed on March 30, 2026, through preferential allotment.
Shareholding Changes
The acquisition has increased Kamdhenu Limited's stake in Kamdhenu Ventures Limited from 50.33% to 52.54% of the total share capital. Prior to this transaction, the promoter group held 15,82,09,800 shares, which has now increased to 17,28,54,800 shares post-acquisition.
Parameter: Before Acquisition After Acquisition Change Shares Held: 15,82,09,800 17,28,54,800 +1,46,45,000 Shareholding %: 50.33% 52.54% +2.21% Diluted Capital %: 46.00% 50.24% +4.24%
Capital Structure Impact
The warrant conversion has resulted in changes to Kamdhenu Ventures Limited's capital structure. The equity share capital increased from ₹31,43,55,000 to ₹32,90,00,000 following the allotment. The total diluted share capital now stands at ₹34,40,00,000.
Regulatory Compliance
The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition involved 25 entities including Kamdhenu Limited as the acquirer and 24 persons acting in concert (PAC), comprising family members and related entities of the promoter group.
Transaction Details: Information Acquisition Date: March 30, 2026 Mode: Preferential Allotment Face Value: ₹1 per share Acquirer: Kamdhenu Limited Target Company: Kamdhenu Ventures Limited
Corporate Authorization
The disclosure was signed by Satish Kumar Agarwal, Chairman & Managing Director of Kamdhenu Limited, on March 31, 2026. The document was submitted to both National Stock Exchange of India Limited and BSE Limited, where Kamdhenu Ventures Limited shares are listed.
This acquisition strengthens Kamdhenu Limited's control over its subsidiary Kamdhenu Ventures Limited, with the promoter group now holding a majority stake exceeding 52% of the total share capital.
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