SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kamdhenu gets nod to acquire stake in Maa Kudargarhi Power and Ispat

19 Sep 2024 Evaluate

Kamdhenu has received approval for acquisition of 1,80,000 Equity Shares of Face Value Rs 10 each at an Issue price of Rs 651 per Equity Share, for a consideration aggregating to an amount of Rs 11.72 crore by way of subscription to the Preferential Issue of M/s Maa Kudargarhi Power and Ispat, a franchisee unit of the Company. The company plans to acquire stakes in select franchisee units in order to strategically remodel its franchisee business model. The transaction is expected to be completed on or before September 30, 2024. The Loan and Investment Committee of the Board of Directors of the company, at its meeting held on September 19, 2024, has accorded its approval for the same. 

Kamdhenu is engaged in the manufacturing, marketing, branding and distribution of TMT Bars, structural steel, paints and allied products under the brand name ‘Kamdhenu’.  


Kamdhenu Share Price

22.97 0.33 (1.46%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
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:

×