Kesar India Ltd

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.

Kesar India Ltd announced its 22nd Annual General Meeting (AGM) scheduled for September 30, 2026, to be conducted via Video Conferencing. The company also submitted its Annual Report for the Financial Year 2025-26, along with the AGM notice, to the stock exchange. The report, themed 'ROOTED IN TRUST. FOCUSED ON TOMORROW.', details corporate overview, statutory reports, financial statements, and management discussion. Shareholders can participate in remote e-voting from September 27-29, 2026. The cut-off date for eligibility is September 23, 2026. The report highlights the company's focus on real estate development in leisure, luxury residential, and commercial projects, emphasizing informed decision-making and client-centric approaches.

Kesar India Ltd has announced its 22nd Annual General Meeting (AGM) will be held on Wednesday, September 30, 2026, at 11:30 a.m. via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The company has also submitted its Annual Report for FY 2025-26 along with the AGM notice. The cut-off date for determining shareholder eligibility for remote e-voting and attending the AGM is September 23, 2026. Remote e-voting will be open from September 27 to September 29, 2026. Detailed instructions for e-voting and AGM attendance are provided in the distributed notice.

Kesar India Limited has announced a disclosure under SEBI's Takeover Regulations. Sachin Gupta HUF, a member of the Promoter Group, acquired 100 equity shares of the company through a gift from a related party via an off-market transaction. This transaction, dated September 3, 2026, resulted in Sachin Gupta HUF holding 100 shares, representing 0.00% of the total share capital. The total equity share capital of Kesar India Limited remains 3,25,34,218 equity shares of Rs. 10 each.

Kesar India Ltd has announced a disclosure under SEBI's Takeover Regulations, 2011. The disclosure pertains to an inter-se off-market transfer of equity shares by way of gift from a related party. Specifically, Gopal Chand Gupta HUF, a member of the Promoter Group, gifted 100 equity shares. This transaction does not alter the overall shareholding percentages significantly as the shares were transferred within the promoter group. The total equity share capital of Kesar India Ltd remains unchanged at 3,25,34,218 equity shares of Rs. 10 each.

Kesar India Ltd has filed a disclosure under SEBI (Prohibition of Insider Trading) Regulations, 2015, detailing inter-se transfer of shares within the promoter group. Mr. Gopal Gupta and Mr. Sachin Gopal Gupta each transferred 100 equity shares, while Gopal Chand Gupta HUF and Sachin Gupta HUF each received 100 equity shares. These transactions represent a shift in shareholding among related entities within the promoter group, adhering to regulatory requirements for such transfers.

Kesar India Limited's Preferential Issue Committee approved the allotment of 12,85,713 equity shares following the conversion of fully convertible warrants. These warrants were initially allotted on September 18, 2025, at an issue price of ₹350 each. The conversion results in an increase of the company's paid-up equity share capital to ₹32,53,42,180.00, comprising 3,25,34,218 equity shares of face value ₹10 each. The allottees, Vikas Kataria, Santosh Kataria, and Manjari Agarwal, are categorized as Non-Promoters.

Minerva Ventures Fund has disclosed a substantial acquisition of shares in Kesar India Ltd, increasing its total holding to 6.9932% of the total share capital. The acquisition, executed through open market purchases, involved acquiring 1,178,000 equity shares. Prior to this, Minerva Ventures Fund held 1,097,200 shares, representing 3.51% of the company's total share capital. The total holding post-acquisition stands at 2,275,200 shares. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Kesar India Ltd has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, prepared by Crisil Ratings Limited. This report details the utilization of proceeds from the company's Preferential Issue (PI). The proceeds, amounting to ₹2,737,194,950.00, were used for land acquisition, project development, and general corporate purposes. Crisil confirmed that the utilization aligns with the disclosures made in the Offer Document, based on information provided by the issuer and verified sources. The report also includes a declaration from Crisil regarding its role and limitations as a monitoring agency, emphasizing that it does not perform audits or independent verification.

Kesar India Ltd has announced that its Board of Directors will convene on August 7, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The results will be presented on both standalone and consolidated bases. Concurrently, the company has closed its trading window from July 1, 2026, and it will remain shut until 48 hours after the board meeting concludes, in adherence to its insider trading prohibition code.