SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kamdhenu demerges paints business

20 Jun 2022 Evaluate

Kamdhenu’s paints business has been demerged into a separate entity following an order of the Chandigarh bench of the National Company Law Tribunal (NCLT). Post demerger, Kamdhenu will continue to focus on steel business, while Kamdhenu Ventures will expand the paints business. Kamdhenu is now looking to complete the listing process of newly-formed company in the July-September quarter.

NCLT, Chandigarh has approved the Scheme of Arrangements including demerger of paint business. The judgment will pave the way for listing of Kamdhenu Ventures, the holding company for the paint business namely Kamdhenu Colour and Coatings, by the next quarter on the BSE and NSE. Under the scheme, the company would be issuing one equity share having face value of Rs 5 each of Kamdhenu Ventures against every existing equity share having face value of Rs 10 each of Kamdhenu on a mirror shareholding basis. As per the scheme, which was approved earlier this month, the ownership structure of Kamdhenu Ventures after listing will be precisely the same as that of Kamdhenu. The decision to hive off the paint business is aimed to decouple the paint business.

Kamdhenu is the largest manufacturer of international quality Steel Bars in India. The product range of the company includes TMT/HSD Bars, Structural Steel, Wirebond, Plywood, PVC Pipes, etc. The company also in the business segment of power, steels, paints.


Kamdhenu Share Price

26.95 0.30 (1.13%)
11-May-2026 13:37 View Price Chart
Peers
Company Name CMP
Tata Steel 213.10
JSW Steel 1276.30
SAIL 183.20
Jindal Stainless 734.85
APL Apollo Tubes 1948.00
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×