Kesar India Incorporates Realty Subsidiary

Kesar India Limited has incorporated a new subsidiary, Kasa Kesar Realty Private Limited, in Nagpur, Maharashtra. The subsidiary, with an authorized capital of Rs. 5,00,000 and paid-up capital of Rs. 1,00,000, is established to engage in real estate development, construction, and related activities. The incorporation aims to expand Kesar India's current business operations. Kasa Kesar Realty Private Limited has not yet commenced business operations and its turnover is currently nil. Kesar India acquired a 50.01% stake for a cash consideration of Rs. 50,010.