Kamdhenu Ventures Completes Warrant Conversion

Kamdhenu Ventures has allotted 1.5 crore equity shares to Kamdhenu Limited, a promoter group entity. The allotment follows the conversion of warrants issued in March 2026, marking the final stage of that capital infusion process.

Reader Takeaway: Promoter stake increases to 8.62% following full conversion of warrants; paid-up capital rises to Rs 34.40 crore.

What just happened

Kamdhenu Ventures issued 1.5 crore equity shares at a price of Rs 6.80 per share, comprising a face value of Rs 1 and a premium of Rs 5.80. The company received Rs 7.65 crore as the final 75% payment for these warrants, bringing the total consideration for this tranche to Rs 10.20 crore. This move marks the full exhaustion of the 2,96,45,000 warrants initially issued by the company in early 2026.

Why this matters

The transaction signifies a direct capital injection by the promoter group, signaling confidence in the company's long-term business strategy. By finalizing the conversion, the company has bolstered its balance sheet and finalized its capital structure related to the March 2026 warrant program. The newly allotted shares will rank pari-passu with all existing equity shares.

Shareholding Shift

Before this allotment, Kamdhenu Limited held 1,46,45,000 shares, representing a 4.45% stake. With the addition of the new 1.5 crore shares, the promoter group now holds 2,96,45,000 shares, increasing their total stake to 8.62%. This consolidation reflects a stronger ownership footprint by the promoter entity within the organization.

Context Metrics

• Total Warrants Converted: 2,96,45,000
• Final Post-Allotment Paid-Up Capital: Rs 34.40 Crore
• Issue Price: Rs 6.80 per share
• Total Promoter Stake Post-Conversion: 8.62%