Kesar enterprises Limited has announced the closure of both its sugar crushing operations and Cogen Division operations for the 2025-26 season at its manufacturing facility in Baheri, Uttar Pradesh. The company disclosed these operational updates to BSE Limited under the regulatory framework of SEBI (LODR) Regulations, 2015.

Operational Closure Details

The sugar manufacturer has concluded both its crushing operations and Cogen Division operations for Sugar Season 2025-26 at the Baheri factory location. These closures mark the end of the seasonal processing activities at the Uttar Pradesh-based facility.

Regulatory Compliance

Both disclosures were made in accordance with Para B of Part A of Schedule III of Regulation 30(3) of SEBI (LODR) Regulations, 2015. Company Secretary and Vice President (Legal & HR) Gaurav Sharma signed the regulatory filings, with the latest disclosure made on February 27, 2026.

Company Background

Kesar Enterprises Limited operates from its registered office at Oriental House, Churchgate, Mumbai. The company maintains its sugar manufacturing operations in Uttar Pradesh, with the Baheri facility serving as a key production unit for seasonal sugar processing activities and cogeneration operations.

Kesar Enterprises Limited has filed a substantial acquisition disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, revealing significant shareholding changes involving promoter group members.

Transaction Details

The disclosure centers around share disposal activities conducted on December 18, 2025. The key transaction involved Natasha Harsh Kilachand, who disposed of 1,37,270 shares through open market transactions.

Post-Transaction Shareholding Structure

Following the completion of these transactions, the shareholding pattern reflects the current distribution among promoter group entities. The disclosure reveals the holdings of various promoter group members after the share transfer activities.

Company Financial Position

The company's equity share capital structure provides context for these shareholding changes. Kesar Enterprises Limited maintains its total voting capital base, with the recent transactions representing adjustments within the promoter group structure.

Regulatory Compliance

The disclosure demonstrates the company's adherence to SEBI regulations governing substantial acquisitions and disposals. All transactions were conducted through open market mechanisms, ensuring transparency and regulatory compliance. The filing was completed on December 19, 2025, from Mumbai, maintaining the required timeline for such disclosures.

The substantial acquisition disclosure reflects ongoing adjustments within the promoter group structure while maintaining compliance with securities market regulations. Notably, Indian Commercial Company Pvt. Ltd. has emerged as a significant shareholder with 24,24,160 shares, representing a 2.40% stake in the company.