Mauritius FIIs Al Maha Investment Fund & Unico Global Opportunities Fund Pick Stake In Kamdhenu Ventures

Kamdhenu Ventures Ltd. (BSE: 543747, NSE: KAMOPAINTS) is one of India's leading brands in the Indian Decorative Paints Segment. As per bulk deal data available on NSE, Mauritius-based FIIs Al Maha Investment Fund & Unico Global Opportunities Fund Limited have picked up a stake in Kamdhenu Ventures Ltd. at an average price of Rs. 51 per share.

Recently, it was announced that Kamdhenu Paints is set to expand its Premium product line with the introduction of a new Wood Coatings range, adhering to international quality standards. The launch is scheduled for October 2024 and will further solidify Kamdhenu Paints' position in the market as a leader in premium, innovative coatings solutions.

Kamdhenu Paints will introduce a range of wood coatings that meet the highest global quality standards, reinforcing our commitment to excellence and innovation. Further, in response to growing market demand, Kamdhenu Paints has ramped up production capacity utilization from 36,000 kilolitres per year to an impressive 49,000 kilolitres per year, ensuring that the company meets the rising need for its Premium products. Kamdhenu Paints is also aggressively expanding the installation of tinting machines across its dealer network, enhancing accessibility and service efficiency for its customers.

Kamdhenu Paints has always been at the forefront of innovation in the paint industry. Our experienced and dynamic R&D team introduced the revolutionary Dual Emulsions Series, a cost-effective and inventory-saving solution that has been embraced by dealers, painting contractors, and end customers alike. Furthermore, Kamdhenu Paints has also opened a new office at the Ground Floor, building number 9A, DLF Cyber City, Gurugram - 121002, Haryana to meet the workforce requirements for meeting the aforesaid expansion.

Kamdhenu Paints established was established in 2008, owned by Kamdhenu Colour and Coatings Limited which is a wholly owned subsidiary of Kamdhenu Ventures Limited. Kamdhenu Paints is a leading brand in the Indian decorative paints segment. Kamdhenu Paints is committed to providing a comprehensive range of high-quality paint products that meet the diverse needs of its customers. Its product range includes a wide selection of exterior & interior emulsions, water-based primers, wood finishes, textured & designer paints, and construction chemicals. By offering such an extensive range of products, it aims to position Kamdhenu as a one-stop-shop for all of our customers' construction needs.

The company's products are widely available across India, allowing it to reach and serve customers in every corner of the country. The company offers 40+ SKU's across product categories and has 34 sales depots with a dealer network of ~4,300+

The Kamdhenu brand is synonymous with products that uphold the highest standards of quality and ensure complete customer satisfaction. The company achieves this through the use of modern automation methods and technology, backed by its robust research and development facilities.

The company is constantly striving to find new and innovative ways to reduce its impact on the environment. To remain true to its commitment to sustainability, the company has developed water-based paints that are environment-friendly and low in Volatile Organic Compound (VOC). It deploys highly accurate machinery in its production process, which is inspired by its state-of-the-art manufacturing capabilities.