Kesar India Ltd

Kesar India Limited has incorporated a subsidiary company, Kasa Kesar Realty Private Limited, in Nagpur, Maharashtra, on September 9, 2026, with an authorized capital of Rs 500,000 and a paid-up capital of Rs 100,000. The company, which Kesar India Limited will own 50.01% of, is incorporated to carry on the business of construction, real estate, and development, and Kesar India Limited will pay Rs 50,010 for 5,001 equity shares at a value of Rs 10 each.

Kesar India Limited’s Preferential Issue Committee approved the allotment of 12,85,713 equity shares with a face value of Rs 10 each at an issue price of Rs 350 per share, to Vikas Kataria, Santosh Kataria, and Manjari Agarwal, all belonging to the “Non - Promoter” Category, pursuant to the conversion of warrants allotted on September 18, 2025. The allotment increased the company’s paid-up equity share capital to Rs 32,53,42,180.00, divided into 3,25,34,218 equity shares.

Kesar India Limited held an Extra-Ordinary General Meeting on Tuesday, August 25, 2026, where shareholders approved the issuance of up to 17,31,752 Equity Shares on a preferential basis to shareholders of Kesar Lands Private Limited through a share swap. The meeting was conducted via Video Conferencing and e-voting, with PI & Associates appointed as scrutinizer.

Kesar India Limited, formerly known as Kesar India Private Limited and Kesar Impex (India) Private Limited, informed the BSE Limited that there were no deviations in the utilization of proceeds from its preferential issue during the quarter ended June 30, 2026, according to a filing on August 7, 2026. The statement was reviewed by the Audit Committee and approved by the Board at meetings held on the same date.

Kesar India Limited will hold a board meeting on Friday, August 07, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a regulatory filing with the BSE Limited. The company’s trading window for share transactions was closed from July 01, 2026, and will remain closed for 48 hours following the conclusion of the board meeting.

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.