Kesar India Approves Allotment of 17.3 Lakh Shares via Share Swap

Kesar India Limited's Preferential Issue Committee has approved the allotment of 17,31,752 equity shares of face value Rs. 10 each at an issue price of Rs. 900 per share. This allotment is a share swap transaction, meaning it was made for consideration other than cash. The shares were allotted to Yash Gopal Gupta and Sangeeta Gopalchand Gupta, both from the Promoter & Promoter Group category, with each receiving 8,65,876 shares. This allotment increases the company's paid-up equity share capital to Rs. 34,26,59,700, comprising 3,42,65,970 equity shares. The meeting was held on October 14, 2026.