Quarterly Updates28 Feb 2026, 08:31 pm
Kesar India Ltd Approves Allotment of 5,74,319 Equity Shares to Non-Promoters
AI Summary
Kesar India Ltd, in a meeting of the Preferential Issue Committee of the Board of Directors, approved the allotment of 5,74,319 equity shares to non-promoter allottees. The shares are being allotted pursuant to the conversion of 3,74,319 fully convertible warrants allotted on September 18, 2025, at an issue price of Rs. 350 each. The allottees include Gunjan Agarwal, Priyank Dhirendra Shah, Mohit Rajeshkumar Atlani, Mihir Atlani, Yash Suresh Atlani, Prachi Pranav Bhagat, Chintan Viijay Makhecha, Dhavan Govindram Medtiya, and Piyush Narayanlal Medtiya. The paid-up equity share capital of the company will increase to Rs. 28,57,32,290 divided into 2,85,73,229 equity shares of face value of Rs. 10 each.
Key Highlights
- Kesar India Ltd approves allotment of 5,74,319 equity shares to non-promoter allottees.
- The allotment is pursuant to the conversion of 3,74,319 fully convertible warrants allotted on September 18, 2025.
- The allottees include Gunjan Agarwal, Priyank Dhirendra Shah, Mohit Rajeshkumar Atlani, Mihir Atlani, Yash Suresh Atlani, Prachi Pranav Bhagat, Chintan Viijay Makhecha, Dhavan Govindram Medtiya, and Piyush Narayanlal Medtiya.
- The paid-up equity share capital of the company will increase to Rs. 28,57,32,290 divided into 2,85,73,229 equity shares of face value of Rs. 10 each.
- The meeting of the Preferential Issue Committee of the Board of Directors was commenced at 07:45 P.M. and concluded at 08:00 P.M.