Frontier Warehousing Acquires 42.8% Stake in Kesoram Industries
Frontier Warehousing Limited has disclosed a substantial acquisition of shares in Kesoram Industries Limited, as per SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition, executed via an off-market transfer pursuant to a Share Purchase Agreement dated December 4, 2025, resulted in Frontier Warehousing acquiring 13,29,69,279 equity shares. This brings their total holding, along with Persons Acting in Concert (PACs), to 13,30,53,804 shares, representing 42.83% of the total share capital. The transaction involved promoter/promoter group entities of Kesoram Industries Limited. The total equity share capital of Kesoram Industries Limited remains at 31,06,63,663 equity shares of Rs. 10/- each.
Key Highlights
- Frontier Warehousing acquired 42.83% stake in Kesoram Industries.
- Acquisition was an off-market transfer via Share Purchase Agreement.
- Total shares held by acquirer and PACs is 13,30,53,804.
- Transaction involved promoter/promoter group entities.
- Disclosure made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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