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Kandal M Venture proposes 1-for-40 share consolidation to regain Nasdaq compliance

FMFCKandal M Venture Ltd

Kandal M Venture Limited announced a proposed 1-for-40 share consolidation to regain compliance with Nasdaq listing requirements. The effective date for trading on a post-consolidation basis is October 13, 2026. This action reduces the outstanding shares from approximately 19.7 million to roughly 492,374. Kandal M Venture Limited operates in the venture capital and investment sector.

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