KANDAL M VENTURE LIMITED - FORM 6-K

Kandal M Venture Limited, through its subsidiary Padachi M Venture Limited, is entering into a convertible bond purchase agreement with Dumaine International Ltd. The agreement involves the issuance of $2.5 million in senior unsecured convertible bonds by Dumaine International Ltd to Padachi M Venture Limited. These bonds will bear interest at a rate of 6% per annum, payable semi-annually, and will mature five years from the issuance date. The agreement includes standard representations, warranties, and covenants. This transaction is considered a related party transaction as Padachi M Venture Limited already holds a 15% stake in Dumaine International Ltd, and key personnel of Kandal M Venture Limited are also involved with Dumaine International Ltd. The transaction has been approved by the board of directors and audit committee of Kandal M Venture Limited.