Kesar India Limited has completed the acquisition of a majority equity stake in Mahashakti Coal Washeries Private Limited, marking a strategic expansion into the fuel and energy sector. The company announced this development through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on January 19, 2026.

Acquisition Details

The acquisition involves the purchase of 5,001 equity shares representing a 50.01% stake in Mahashakti Coal Washeries Private Limited. The transaction details are structured as follows:

Target Company Profile

Mahashakti Coal Washeries Private Limited is a recently incorporated entity with specific focus on fuel and energy products. The company's operational framework encompasses:

Business Operations and Scope

Mahashakti Coal Washeries operates in the comprehensive fuel and energy sector, dealing with multiple product categories. The company's business activities include:

• Coal washing and processing operations
• Trading in coal, coke, petrol, and diesel
• Low ash metallurgical coke and carbon products
• Chemicals and petroleum coke products
• Ferro alloys and electrodes
• Bio fuel, bio products, and bio energy solutions
• Import, export, and distribution of energy products

Strategic Rationale

The acquisition represents Kesar India's strategic diversification beyond its traditional construction and real estate activities. The company stated that the investment objective is to diversify its business portfolio into the fuel and energy sector, leveraging opportunities in coal washing and related operations.

Regulatory and Compliance Aspects

The transaction does not fall within related party transactions, and no promoter or group companies have any interest in the acquired entity. The acquisition was completed without requiring governmental or regulatory approvals, and the shares were acquired at arm's length basis on the same day of announcement.

Impact and Future Outlook

With this acquisition, Mahashakti Coal Washeries becomes a subsidiary of Kesar India Limited, providing the parent company with direct access to the fuel processing and trading market. The newly acquired subsidiary, despite having nil turnover currently, offers potential for future business development in the growing energy sector.

Kesar India Limited has announced the acquisition of approximately 4 hectares of land in Hingna, Nagpur, Maharashtra, marking a significant expansion move for the realty sector company. The acquisition was disclosed through a regulatory filing, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015.

Land Acquisition Details

The company has acquired land measuring approximately 4 hectares, equivalent to 9.88 acres, strategically located in Nagpur district. The acquisition details are presented below:

Purpose of Acquisition

Kesar India Limited has stated that the land acquisition is intended for business expansion. This move aligns with the company's strategic goals and may indicate plans for future development projects in the Nagpur region.

Company Background

Kesar India Limited, formerly known as Kesar India Private Limited and Kesar Impex (India) Private Limited, operates in the realty sector. The company is headquartered in Nagpur with its registered office located at 2nd Floor Saraf Chambers, Mount Road, Sadar, Sadar Bazar, Nagpur-440001, Maharashtra.

This land acquisition in Nagpur aligns with the company's local presence and operational base, potentially supporting future development projects and business expansion initiatives in the region.