Kesar Terminals & Infrastructure Limited has submitted its mandatory annual disclosure under SEBI takeover regulations for the financial year ended March 31, 2026. The disclosure was filed with BSE Limited as part of regulatory compliance requirements for listed companies.

Regulatory Filing Details

Company Secretary Archana Mungunti filed the annual disclosure on April 2, 2026, pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing covers encumbrance of shares by promoters and promoter group members for the financial year ended March 31, 2026.

Promoter Declaration

Promoter H.R. Kilachand submitted a separate declaration dated April 1, 2026, confirming compliance with SEBI regulations. The promoter declared that members of the promoter and promoter group, including persons acting in concert, have not made any additional encumbrance of shares beyond those already disclosed during the financial year.

Company Information

Kesar Terminals & Infrastructure Limited is registered with CIN L45203MH2008PLC178061 and maintains its registered office at Oriental House, 7 Jamshedji Tata Road, Churchgate, Mumbai. The company's shares are listed on BSE with scrip code 533289.

Compliance Framework

The annual disclosure under Regulation 31(4) is a mandatory requirement for listed companies to maintain transparency regarding substantial shareholding changes and encumbrances. This filing ensures compliance with SEBI's regulatory framework for substantial acquisition of shares and takeovers, providing stakeholders with updated information on promoter group shareholding patterns.

Kesar terminals & infrastructure Limited has successfully completed the extinguishment of its corporate guarantor liability and announced its first interim dividend for the current financial year. The development follows the company's strategic divestment of its subsidiary and marks a significant milestone in its operational restructuring.

Transaction Completion and Liability Extinguishment

The company completed the transfer of its 100% equity and preference stake in Kesar Multimodal Logistics Limited (KMLL) to DP World Multimodal Logistics Pvt Ltd in September 2025. The transaction details are summarized below:

Following the transaction completion, KMLL has settled all its dues to lenders and banks, receiving no dues certificates from the financial institutions. This has enabled Kesar Terminals to be completely free from its guarantor obligations.

Financial Performance and Dividend Declaration

The company reported profits for the quarter ended December 31, 2025, leading to a positive dividend announcement. The board of directors has declared the company's first interim dividend for the financial year 2025-26:

Strategic Focus and Expansion Plans

With the successful completion of the divestment and liability extinguishment, Kesar Terminals has positioned itself for future growth. The company has received its due funds from the transaction and is now able to focus on its core activities. Management has indicated plans to explore expansion opportunities in other parts of the country, leveraging the financial flexibility gained from the transaction.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This announcement follows previous disclosures submitted by the company on September 10, 2025, and January 13, 2026, maintaining transparency with stakeholders regarding the transaction progress and its completion.