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.

Kesar Terminals & Infrastructure Limited has announced the complete extinguishment of its corporate guarantor liability for its erstwhile wholly-owned subsidiary, marking a significant milestone in the company's financial restructuring. The disclosure was made on January 13, 2026, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Guarantor Liability Extinguished

The company informed BSE Limited that its liability as a corporate guarantor for Kesar Multimodal Logistics Limited (KMLL) has been completely extinguished. The development pertains to non-fund-based facilities, with the company receiving formal confirmation from the concerned bank regarding this extinguishment.

Background and Timeline

This announcement follows earlier disclosures submitted by the company on September 10, 2025, regarding the extinguishment of its liability as a corporate guarantor for KMLL's bank dues. KMLL was a wholly-owned subsidiary of Kesar Terminals & Infrastructure Limited until September 10, 2025. The complete resolution of guarantor obligations represents the final step in clearing all outstanding liabilities related to the former subsidiary.

Strategic Implications

With the extinguishment of this corporate guarantor liability, Kesar Terminals & Infrastructure Limited stated it can now focus entirely on its core business activities. The company has indicated its intention to explore expansion opportunities in other parts of the country, suggesting a strategic shift toward growth initiatives now that these financial obligations have been resolved.

Regulatory Compliance

The disclosure was made in compliance with regulatory requirements, with Company Secretary and Compliance Officer Archana Mungunti signing the official communication to BSE Limited. The company maintains its registered office at Oriental House, 7 Jamshedji Tata Road, Churchgate, Mumbai, and trades under scrip code 533289 on BSE.