Kesar India to issue 1.73M shares at ₹900 via share swap

Kesar India Ltd's Board approved a preferential issue of up to 1,731,752 equity shares, each with a face value of ₹10, at an issue price of ₹900 per share. The shares will be issued for consideration other than cash, specifically through a share swap. The allottees are Yash Gopal Gupta and Sangeeta Gopalchand Gupta, both belonging to the Promoter and Promoter Group. An Extra-Ordinary General Meeting (EGM) is scheduled for August 25, 2026, to obtain shareholder approval for this proposed preferential issue. The Board also authorized a Preferential Issue Committee to manage the necessary actions for this issue.