Kesar India Limited , a prominent real estate developer based in Nagpur, has achieved a remarkable milestone by securing the 6th position in India for year-on-year revenue growth in the prestigious Grohe - Hurun India Real Estate 150 list. The company's exceptional performance is highlighted by an impressive 250.00% revenue growth.

Central India's Real Estate Powerhouse

Kesar India Limited has emerged as a beacon of growth in the real estate sector, particularly in Central India. The company's inclusion in the Hurun India Real Estate 150 list is especially noteworthy as it stands as the sole representative from Central India and Nagpur in this esteemed ranking.

Remarkable Growth and Recognition

The company's Managing Director, Sachin Gopal Gupta, expressed his thoughts on this achievement, stating, "Being featured in a national listing of this magnitude is not just a recognition of numbers; it's a reflection of the hard work, discipline, and forward-thinking that drives our entire team." This sentiment underscores the company's commitment to excellence and strategic vision that has propelled it to the forefront of India's real estate landscape.

Diversified Portfolio

Kesar India Limited, formerly known as Kesar India Private Limited and Kesar Impex (India) Private Limited, operates in both residential and commercial real estate development. The company's ability to deliver value-driven development across these sectors has contributed significantly to its rapid growth and recognition.

Looking Ahead

As Kesar India Limited continues to make strides in the real estate industry, this recognition positions the company as a key player in Central India's transformation into a real estate powerhouse. The company's success story serves as an inspiration for other regional players and highlights the growing importance of tier-2 cities in India's real estate narrative.

The inclusion of Kesar India Limited in the Grohe - Hurun India Real Estate 150 list not only celebrates its financial success but also acknowledges its role in shaping the future of real estate development in Central India.

Kesar , a prominent player in the Indian business landscape, has announced significant corporate decisions following a board meeting held on August 1, 2025. The company's Board of Directors has approved revised remuneration packages for key executives and a substantial preferential issue of securities.

Revised Remuneration for Top Executives

The board has given its nod to revise the remuneration for two of its key directors:

1. Yash Gupta, Chairman and Whole-time Director
2. Sachin Gupta, Managing Director

These revisions, recommended by the Nomination and Remuneration Committee, will take effect from August 1, 2025. However, the new remuneration packages are subject to shareholder approval.

Major Preferential Issue Approved

In a move to bolster the company's financial position, the board has approved a preferential issue aggregating approximately ₹291.72 crore. This strategic decision comprises several components:

1. Fully Convertible Warrants: ₹244.68 crore
2. Additional Fully Convertible Warrants: ₹43.99 crore
   • ₹10.99 crore to be adjusted against existing loans
   • ₹32.99 crore to be received in cash
3. Equity Shares: ₹3.04 crore

Breakdown of the Preferential Issue

The preferential issue involves both promoter and non-promoter category investors:

Key Details of the Issue

Fully Convertible Warrants (₹244.68 crore)

• 39 allottees, including promoters and non-promoters
• Largest allocation: ₹65 crore to Gopal Gupta (Promoter)
• Convertible within 18 months from the date of allotment

Additional Fully Convertible Warrants (₹43.99 crore)

• Allotted to Yash Gopal Gupta and Sangeeta Gopalchand Gupta (Promoter Group)
• Partial adjustment of existing unsecured loans

Equity Shares (₹3.04 crore)

• Allotted to four non-promoter category investors

The issue price for the securities will be determined in accordance with SEBI regulations. The preferential issue is subject to shareholder approval and regulatory clearances.

Employee Stock Purchase Scheme

The board has also approved the Kesar India Employees Stock Purchase Scheme – 2025. Key features include:

• Maximum of 2,00,000 equity shares to be offered
• One-year lock-in period from the date of allotment
• Scheme to be administered by the Nomination and Remuneration Committee

These strategic decisions reflect Kesar's efforts to strengthen its financial structure and align management incentives with company performance. The implementation of these resolutions is pending shareholder approval, which will be sought in an upcoming general meeting.

The board meeting, which commenced at 9:00 p.m. and concluded at 9:25 p.m., has set the stage for significant changes in Kesar's corporate structure and financial positioning.