KAMDHENU AGM UPDATE

KAMDHENU AGM UPDATE

1:Kamdhenu launched new paint Camoduoline , one solution for interior & exterior paint (claiming 1st company to introduce).

2:Bihar plant is outsourced but production will add revenue.

3:Currently no particular capax plan but company will keep invested as they have different model of business.

4:DIVIDEND 1 per share announced

5:No plan for demerger of paint segment as it will attract for more capex, since they are working to get respective share in paint market hence no plan.. in future it may if if paint section works well.

6:KAMDHENU have allocated some 70 crore for marketing & there will be slight increase for advertise.. they are also paying incentives to outsourced agencies

Author: Atul Singh Stock Market Analyst

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