Kesar board to meet on May 29 to consider FY26 results

Kesar Enterprises Limited has announced that its board of directors will meet on Friday, May 29, 2026. The primary agenda for the meeting is to consider the audited financial results of the company for the quarter and the financial year ended March 31, 2026.

The meeting is being convened in accordance with Regulation 29(1)(a) & (2) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to disclose their financial performance within a stipulated period after the end of a financial year.

In connection with the upcoming announcement, the company has informed the stock exchanges that the trading window for dealing in the equity shares of the company is currently closed. This restriction was implemented prior to the intimation and will remain in effect until the expiry of 48 hours after the declaration of the financial results. This measure is intended to prevent insider trading and ensure market integrity during the period of price-sensitive information dissemination.

Key Meeting Details

Detail	Information
Meeting Date	May 29, 2026
Purpose	Consideration of Audited Financial Results
Period Covered	Quarter and Financial Year ended March 31, 2026
Trading Window Status	Closed till 48 hours post-result declaration

The company, registered in Mumbai, operates under the leadership of its board and compliance officers. Shareholders and market participants are advised to await the official release of the financial results for detailed performance metrics.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.68%	-5.60%	-12.59%	-23.58%	-21.96%	-17.60%

Sugar Development Fund through IFCI Limited has filed an insolvency petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 against Kesar Enterprises Limited . The petition was filed before the Honourable National Company Law Tribunal (NCLT), Mumbai Bench. The company disclosed that the current status of the petition is that it has not been admitted by the tribunal.

The amount of claim alleged in the petition is ₹6970.54 lakhs. The NCLT has directed the company to file a reply to the said petition. The next date of hearing in the matter has been fixed for June 5, 2026, although the written order of the Honourable NCLT is yet to be uploaded on its official website.

Key Details of the Petition

Detail	Information
Applicant	Sugar Development Fund through IFCI Limited
Claim Amount	₹6970.54 lakhs
Section	Section 7 of IBC, 2016
Forum	NCLT, Mumbai Bench
Next Hearing Date	June 5, 2026

Kesar Enterprises Limited informed the stock exchanges that it is already in ongoing discussions with the applicant for an amicable resolution of the issues involved. The company expressed hope that it will be able to arrive at a resolution regarding the matter. It further assured that it would keep the exchange updated on any further developments concerning the petition.