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The company said that the record date for determining the entitlement of the equity shareholders with respect to the bonus issue shall be intimated separately in due course.
Further, the company's board of directors approved increase in the authorized share capital of the company from Rs 24.55 crore to Rs 36.50 crore.
Kamdhenu Ventures operates as a paint company. The company offers dual paint, designer series, exterior emulsion, acrylic washable distemper, wood coating products, and water proofing solutions.
The company reported consolidated net loss of Rs 2.49 crore in Q4 FY23 as against Rs 3.26 crore in Q3 FY23. Net sales rose marginally to Rs 70.80 in Q4 FY23 over Rs 69.59 crore in Q3 FY23.
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