Kesar India Limited disclosed the outcome of its Preferential Issue Committee meeting held on October 14, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Committee approved the allotment of 17,31,752 equity shares of face value ₹10 each through a preferential issue. The shares were issued for consideration other than cash, specifically via a Share Swap arrangement, at an issue price of ₹900 per equity share.
Allottee Details:
- Yash Gopal Gupta (Promoter & Promoter Group): 8,65,876 equity shares
- Sangeeta Gopalchand Gupta (Promoter & Promoter Group): 8,65,876 equity shares
- Total Allotment: 17,31,752 equity shares
Capital Structure Impact:
Following this allotment, the company's paid-up equity share capital increased to ₹34,26,59,700. This capital comprises 3,42,65,970 equity shares of face value ₹10 each.
Meeting Details:
The Preferential Issue Committee meeting commenced at 5:30 PM and concluded at 5:45 PM on October 14, 2026.
The disclosure was signed by Aditi Anup Deshmukh, Company Secretary & Compliance Officer, and submitted to BSE Limited for information and records.