Kamdhenu Limited Shareholders Approve Fund Allocation Modification and Timeline Extension
Kamdhenu Limited announced the voting results of its postal ballot, which was conducted electronically. The ballot sought shareholder approval for a modification in the fund allocation of its preferen...
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Why is Kamdhenu Limited in the news today?
Kamdhenu Limited (KAMDHENU) is in the news due to the company received strong shareholder approval for a key financial resolution, indicating positive support for its strategic adjustments.
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Kamdhenu Limited Shareholders Approve Fund Allocation Modification and Timeline Extension
December 25, 2025, 01:20 PM
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Kamdhenu Limited announced the voting results of its postal ballot, which was conducted electronically. The ballot sought shareholder approval for a modification in the fund allocation of its preferential issue proceeds and an extension of the timeline for the utilization of these funds.
The e-voting period commenced on November 25, 2025, and concluded on December 24, 2025. The scrutiny of the votes was completed on December 25, 2025. The results indicate that the resolution to approve the modification in fund allocation and the extension of the utilization timeline was passed with a substantial majority. Out of the total votes polled, 99.99% were in favor of the resolution, with only 0.01% against it.
This approval is crucial for the company's financial planning and operational execution, allowing for adjustments to its preferential issue proceeds and extending the period for their use. The company has made the Scrutinizer's Report and the Voting Results available on its website and the KFin Technologies Limited e-voting platform.
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