Kamdhenu has informed that the Loan and Investment Committee of the Board of Directors of Kamdhenu at its meeting held on today, 19th September, 2024, has accorded its 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 11,71,80,000 (Rupees Eleven Crore Seventy One Lakh Eighty Thousand only) by way of subscription to the Preferential Issue of Maa Kudargarhi Power and Ispat, a franchisee unit of the Company. The 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, in connection with the Acquisition, is enclosed as Annexure- A.
The above information is a part of company’s filings submitted to BSE.
