KESAR ENTERPRISES LTD.-$

Kesar Enterprises Ltd has announced the acceptance of a One-Time Settlement (OTS) for its Cogeneration Loan, sanctioned by the Sugar Development Fund (SDF) and administered through IFCI Limited. The company opted for this settlement to conclusively resolve outstanding dues under the loan, in accordance with the Sugar Development Fund Act, 1982, and Rules, 1983. The Board of Directors approved the OTS on August 25, 2026, following administrative approval received on August 18, 2026. The settlement amount must be paid within six months from the administrative approval date. This move aims to clear existing financial obligations related to the cogeneration facility.

Kesar Enterprises Ltd reported its financial performance for FY 2025-26, with revenue from operations at ₹304.50 crore, a decrease from ₹333.97 crore in the previous year, mainly due to lower sugar sale volumes. However, the company successfully narrowed its net loss to ₹48.41 crore from ₹72.62 crore in FY 2024-25. EBITDA also showed improvement, moving from a negative ₹38.92 crore to a negative ₹11.00 crore. This improvement was attributed to cost discipline and one-off items like an interest write-back, an insurance claim, and proceeds from land rights sale. The company's crushing operations were impacted by delayed payments to farmers, affecting its command area. The Power Division benefited from revised tariffs, while the Spirits Division remained shut due to unviable molasses costs and realisations. The outlook for the Uttar Pradesh sugar industry is cautiously positive, with expectations of steady sugar prices.

Kesar Enterprises Ltd conducted its 91st Annual General Meeting (AGM) on August 20, 2026, via Video Conferencing. The meeting was chaired by Shri Harsh R Kilachand, Chairman & Managing Director. Key agenda items included the adoption of audited financial statements for FY 2025-26, the re-appointment of Shri Devendra J Shah as Director, ratification of remuneration for the Cost Auditor, and approval of material related party transactions with Kesar Terminals & Infrastructure Limited. The Statutory Auditors' report had no qualifications, while the Secretarial Auditors' report had certain observations which were explained. E-voting facilities were available throughout and post the meeting.

Kesar Enterprises Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved and took on record the results during a meeting held on August 13, 2026. The company's financial statements have been prepared on a going concern basis, despite accumulated losses and erosion of net worth, due to expected improvements in revenue and business operations. The company is also seeking investors and monetizing non-operating assets to improve operational capabilities. A note highlights the sale of entire inventory in the previous year, impacting current quarter sales, and a default on a term loan from the Sugar Development Fund, with a petition filed under the Insolvency and Bankruptcy Code, 2016.

Kesar Enterprises Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved and took on record the results during their meeting on August 13, 2026. The company's financial statements have been prepared on a 'going concern' basis despite accumulated losses and erosion of net worth, with management actively seeking investors and monetizing non-operating assets to improve operational capabilities. The company has also defaulted on a term loan for its Cogeneration Power plant, leading to an insolvency petition filed by SDF, which the company is contesting while pursuing a One Time Settlement proposal.

Kesar Enterprises Ltd has announced that its Board of Directors will convene on August 13, 2026. The primary agenda item for this meeting is to consider and approve the company's Unaudited Financial Results for the quarter ended June 30, 2026. In compliance with SEBI regulations, the trading window for the company's equity shares has been closed and will reopen 48 hours after the financial results are declared.

Kesar Enterprises Ltd has announced its Annual Report for the Financial Year 2025-26, which includes the notice for its 91st Annual General Meeting (AGM). The AGM is scheduled for Thursday, August 20, 2026, at 3:00 p.m. IST and will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Annual Report was emailed to shareholders with registered email addresses on July 28, 2026, and is also available on the company's website. Shareholders who have not registered their email addresses received a letter with a weblink to the report on July 27, 2026. The report contains various sections including corporate information, directors' report, financial statements, and other financial statistics.

Kesar Enterprises Ltd has announced its 91st Annual General Meeting (AGM) will be held on August 20, 2026, at 3:00 PM IST. The meeting will be conducted entirely through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with MCA circulars. The notice, dated July 24, 2026, includes the audited financial statements for the fiscal year 2025-26, Board's Report, and Auditors' Report. Shareholders registered by the cut-off date of August 13, 2026, are eligible to vote. The company is providing a remote e-voting facility from August 17 to August 19, 2026, and an e-voting option during the AGM.

Kesar Enterprises Ltd has announced its 91st Annual General Meeting (AGM) will be held on August 20, 2026, at 3:00 p.m. IST. The meeting will be conducted entirely through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) in compliance with MCA and SEBI regulations. The notice, dated July 24, 2026, along with the financial statements for FY 2025-26, Board's Report, and Auditors' Report, were dispatched on July 28, 2026. Shareholders registered as of the cut-off date, August 13, 2026, are eligible to vote. Remote e-voting will be open from August 17 to August 19, 2026. The company is providing e-voting facilities during the AGM as well.

Kesar Enterprises Ltd has announced the closure of its trading window for directors, key managerial personnel, senior management, and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct. The window will be shut from July 1, 2026, until 48 hours after the declaration of financial results for the quarter ending June 30, 2026. The company will separately inform the exchange about the board meeting date to consider these financial results.