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.

Kesar India Limited has successfully completed the allotment of 31,98,473 equity shares through the conversion of fully convertible warrants, as approved by the Preferential Issue Committee of the Board of Directors on December 10, 2025.

Warrant Conversion Details

The allotted equity shares carry a face value of ₹10 each and were issued at ₹350 per share. The conversion relates to fully convertible warrants that were originally allotted on September 18, 2025. The allotment was conducted through preferential allotment on a private placement basis.

Allottee Distribution

The share allotment covers both promoter group entities and non-promoter investors. Key allottees include:

Non-Promoter Category:

• Sumati Rohit Agrawal: 2,00,000 shares
• Shilpa R Kothari: 5,71,428 shares
• Rakhi Kataria: 28,571 shares

Promoter Group Category:

• Kesar Lands Private Limited: 1,14,285 shares
• Kesar Infracon Private Limited: 1,14,285 shares
• Pankhuri Yash Gupta: 28,571 shares

Impact on Share Capital

Following the completion of this allotment, Kesar India Limited's paid-up equity share capital has increased significantly:

Committee Meeting Details

The Preferential Issue Committee meeting was conducted on December 10, 2025, commencing at 06:45 PM and concluding at 07:00 PM. The committee considered and approved the warrant conversion in accordance with the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

This development represents a significant milestone in the company's capital structure enhancement, with the successful conversion of warrants strengthening the equity base across both promoter and non-promoter categories.