Kesar India's committee approved allotment of 14.55 lakh equity shares at ₹350 each via conversion of warrants issued in September 2025.
Allotment includes 6.21 lakh shares to promoter Gopal Gupta and 8.34 lakh shares to eight non-promoter investors.
Paid-up equity capital increased to ₹30.03 crore divided into 3 crore shares following the conversion.