Kamdhenu ventures Limited has announced a major investment decision, with its Board of Directors approving a substantial capital infusion into its wholly owned subsidiary. The board meeting, held on March 31, 2026, resulted in the approval of an investment strategy that underscores the company's commitment to strengthening its subsidiary operations.

Investment Details and Structure

The board has approved an investment of up to Rs 21,00,00,000 (Rupees Twenty-One Crore Only) into the equity share capital of Kamdhenu Colour and Coatings Limited (KCCL). This investment represents a significant capital commitment aimed at supporting the subsidiary's growth and operational requirements.

Implementation Framework

The investment will be executed through multiple funding mechanisms, providing flexibility in capital deployment. The company can utilize:

• Right issue subscription
• Preferential issue participation
• Other approved fund-raising methods

The investment can be made in one or more tranches, allowing for strategic timing and optimal capital utilization over the approved one-year period.

Governance and Oversight

To ensure proper oversight and execution of this investment decision, the board has established an Investment Committee comprising Board of Directors. This committee will be responsible for taking all necessary actions in connection with the investment process, including subscription to various equity issues and other fund-raising activities of KCCL.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has indicated that detailed disclosures as required under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, will be made promptly at the time of actual investment execution.

The board meeting commenced at 03:20 P.M. and concluded at 03:50 P.M., with Managing Director Saurabh Agarwal (DIN: 00005970) signing the official communication from Gurugram.

Kamdhenu Ventures Limited has successfully completed the allotment of 1,46,45,000 equity shares upon conversion of warrants, marking a significant capital expansion for the company. The Preferential Issue Committee of the Board of Directors approved this conversion on March 30, 2026, following the receipt of the requisite conversion amount from the warrant holder.

Warrant Conversion Details

The conversion involved 1,46,45,000 warrants being exercised by Kamdhenu Limited at an issue price of Rs. 6.80 per share, including a premium of Rs. 5.80 per share. The company received Rs. 7,46,89,500, representing 75% of the total amount payable on conversion as per the warrant terms.

Capital Structure Impact

Following this allotment, Kamdhenu Ventures' paid-up equity share capital has increased substantially. The newly allotted equity shares rank pari-passu with existing equity shares from the date of allotment.

Shareholding Pattern

Kamdhenu Limited, the sole allottee in this conversion, has acquired a 4.45% stake in Kamdhenu Ventures Limited. Prior to this allotment, Kamdhenu Limited held no equity shares in the company.

Outstanding Warrants

The original warrant allotment comprised 2,96,45,000 warrants issued on March 20, 2026, with an 18-month conversion period. Following this partial conversion, 1,50,00,000 warrants remain outstanding and available for conversion. The company had initially allotted these warrants at Rs. 6.80 each to Kamdhenu Limited under the preferential issue framework.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and SEBI Master Circular guidelines. The Preferential Issue Committee meeting was held from 2:30 PM to 3:00 PM IST on March 30, 2026, with Managing Director Saurabh Agarwal overseeing the proceedings. The company has duly informed both NSE and BSE about this corporate action, maintaining full regulatory compliance throughout the process.