Kandal M Venture Ltd (FMFC) discloses large indirect A and B share stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Kandal M Venture Ltd, a more than ten percent owner of FMFC, filed an initial Form 3 reporting its existing indirect holdings. The filing shows it indirectly holds 3,608,000 A shares and 1,650,000 B shares of Kandal M Venture Limited through DMD Venture Limited as of June 25, 2025. This Form 3 records beneficial ownership positions and does not report any new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kandal M Venture Ltd
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Kandal M Venture Limited (A shares) | -- | -- | -- |
| holding | Kandal M Venture Limited (B shares) | -- | -- | -- |
Holdings After Transaction:
Kandal M Venture Limited (A shares) — 3,608,000 shares (Indirect, Indirectly holding the shares through DMD Venture Limited);
Kandal M Venture Limited (B shares) — 1,650,000 shares (Indirect, Indirectly holding the shares through DMD Venture Limited)
Footnotes (1)
FAQ
What does Kandal M Venture Ltd report in its Form 3 for FMFC?
Kandal M Venture Ltd reports its existing indirect ownership in FMFC. The filing lists significant A and B share positions held through DMD Venture Limited, establishing its status as a more than ten percent beneficial owner without disclosing any new transactions.
Are there any buy or sell transactions in this Kandal M Venture Ltd Form 3?
No buy or sell transactions are reported. The Form 3 only records existing indirect holdings in A and B shares, with transaction codes and share movement fields indicating holdings rather than new acquisitions or dispositions.
How is Kandal M Venture Ltd’s ownership in FMFC structured?
The ownership is reported as indirect through DMD Venture Limited. Both A and B shares are classified with indirect ownership, meaning Kandal M Venture Ltd’s beneficial interest is held via this related entity rather than directly in its own name.