1:5 Stock Split Record Date In June: Smallcap Paint Stock Below Rs 200 Splitting Soon; 1-Year Returns 54%

The company fixed Friday, 14th June, 2024 as the "Record Date" for determining entitlement of Equity Shareholders for the purpose of sub-division / split of existing Equity Shares of the Company from Equity Shares having face value of Rs. 5/- (Rupees Five only) each fully paid-up into Equity Shares having face value of Rs. 1/- (Rupees One only) each fully paid-up, ranking pari-passu in all respects.

Generally, share splits mean that listed companies can split their existing shares into a ratio decided by them for a host of reasons. These could be done to improve liquidity, lessen the value of the stock, make it cheaper or simply attract new buying from both existing and new investors.

Kamdhenu Ventures Limited is a newly formed entity stemmed out from the conglomerate Kamdenu Limited. The Company through its wholly owned subsidiary company, Kamdhenu Colour and Coatings Limited (KCCL), offers a wide range of decorative paints with its proprietary name of Kamdhenu Paints. The Company was incorporated in October, 2019. It owe an installed capacity of 36,000 KL per annum at Chopanki, Rajasthan. It created a network of 4,000 plus dealers and 5,000 plus active painters are associated with the Company through specialized solutions that aid to the household and industrial demand.