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Kamdhenu informs about updates on acquisition

20 Jun 2024 Evaluate
In furtherance to earlier intimation made on Monday, 17th June, 2024 and Tuesday, 18th June, 2024, with respect to the acquisition of 2,11,000 Equity Shares of face value of Rs 10 each of VMS TMT (a franchisee unit of the Company) at an issue price of Rs 230 per share, on preferential basis, Kamdhenu has submitted that the transaction of acquisition has completed and the company, upon allotment of 2,11,000 Equity Shares of face value of Rs 10 each by VMS TMT to the Kamdhenu, has acquired 1.56% in the equity share capital of VMS TMT. Therefore, the acquisition is now completed. The complete details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 has already been provided vide our letter no. KL/SEC/2024-25/25 submitted on Monday, 17th June, 2024.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
JSW Steel 1256.80
Tata Steel 188.00
Steel Authority 175.15
Jindal Stainless 724.30
APL Apollo Tubes 2144.70
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