Kesar India Ltd

Kesar India Limited plans a preferential allotment of 8,65,876 shares to each of Executive Director Yash Gopal Gupta and Non-Executive, Non-Independent Director Sangeeta Gopalchand Gupta, at a price of Rs 900 per share. The allotment, approved by the company’s board, will be subject to shareholder approval at an Extraordinary General Meeting scheduled for August 25, 2026. A valuation report from Corporate Professionals Valuation Services Private Limited set the share value at Rs 813.10. The move will not result in a change in control or management of the company, and the allottees have confirmed they will not sell or transfer the shares in the period leading up to the allotment. The company has also confirmed compliance with SEBI ICDR Regulations and that none of the directors or promoters are classified as willful defaulters, fraudulent borrowers, or fugitive economic offenders.

Kesar India Limited acquired an additional 20% equity stake in Nexa Infraspace Private Limited on July 30, 2026, increasing its shareholding from 10% to 30% for a cash consideration of Rs 20,000, or Rs 10 per share, according to a regulatory filing. Nexa Infraspace Private Limited, incorporated on March 30, 2024, is engaged in real estate development and the acquisition will enable Kesar India Limited to strengthen its presence in the real estate and infrastructure sector.

Kesar India Limited has acquired a 100% stake in Kesar Lands Private Limited for a total purchase consideration of Rs 1,55,85,77,800, to be settled through a share swap involving the issuance of up to 17,31,752 equity shares on a preferential basis, according to a regulatory filing. The acquisition, which will make Kesar Lands Private Limited a wholly owned subsidiary of Kesar India Limited, is expected to strengthen the company’s presence in the real estate and infrastructure sector and is subject to shareholder approval and other regulatory clearances.

Kesar India will hold a meeting of the Board of Directors of the Company on 29 July 2026.

Kesar India has allotted 71,428 equity shares on conversion of warrants on 04 June 2026. Consequent to the said allotment, the paid-up equity share capital of the company stands increased to 3,01,71,320 equity shares of face value of Rs 10/- each.

Kesar Infraventures, wholly owned subsidiary of Kesar India has secured a major engineering, procurement and construction (EPC) contract on 21 May 2026 for a large-scale residential development project located at at Siddharth Nagar, Byculla in Central Mumbai. The contract, awarded by Zee Enterprises, carries an estimated execution value of approximately Rs 160 crore. The project involves execution of residential towers along with allied infrastructure and amenities, including RCC construction, internal and external development works, electrical systems, plumbing, firefighting systems, roads, drainage, landscaping and associated infrastructure facilities.

Kesar India will hold a meeting of the Board of Directors of the Company on 5 June 2026.

Kesar India announced a significant expansion of its long-term development pipeline through a series of strategic land acquisitions. The company plans a portfolio of 29 projects across 12.24 million sq.ft developable area with estimated gross development value of exceeding Rs 5,100 crore. The upcoming portfolio is largely oriented towards large-format and mixed-use developments, which typically involve longer development cycles of 3-5 years. To support execution, the company estimates total project investments to exceed Rs 2,000 crore, to be deployed in a phased manner aligned with the project timelines and development. In addition, Kesar India is currently in advanced stages of evaluating further opportunities with an estimated potential GDV of over Rs 4,000 crore, reinforcing the expansion momentum milestones.

Net profit of Kesar India rose 808.75% to Rs 14.54 crore in the quarter ended March 2026 as against Rs 1.60 crore during the previous quarter ended March 2025. Sales rose 108.61% to Rs 84.80 crore in the quarter ended March 2026 as against Rs 40.65 crore during the previous quarter ended March 2025. For the full year,net profit rose 52.22% to Rs 29.88 crore in the year ended March 2026 as against Rs 19.63 crore during the previous year ended March 2025. Sales rose 63.70% to Rs 176.45 crore in the year ended March 2026 as against Rs 107.79 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales84.8040.65 109 176.45107.79 64 OPM %23.637.82 -24.4924.65 - PBDT19.853.16 528 42.5627.39 55 PBT17.642.71 551 39.5326.16 51 NP14.541.60 809 29.8819.63 52 Powered by Capital Market - Live

Kesar India will hold a meeting of the Board of Directors of the Company on 8 April 2026.