Kesar India Limited Shareholders Approve Key Corporate Actions, Including Stock Exchange Migration

1 min read     Updated on 11 Nov 2025, 01:43 AM
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Reviewed by
Jubin VScanX News Team
Overview

Kesar India Limited's shareholders unanimously approved several key resolutions in a recent postal ballot. The company will appoint two new independent directors, Mr. Ishwar Lal and Mr. Akshay Vinod Parmar. Shareholders also agreed to migrate the company's shares from BSE's SME platform to the main boards of BSE and NSE. Additionally, authorization was given for the sale, disposal, or transfer of company land. The voting process, conducted from October 10 to November 08, 2025, saw participation from 17 equity shareholders representing 2,12,81,300 shares.

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*this image is generated using AI for illustrative purposes only.

Kesar India Limited , a company listed on the BSE SME platform, has recently concluded a significant postal ballot process, marking several important corporate decisions. The voting results, which were announced on November 10, 2025, reveal unanimous support from participating shareholders for all proposed resolutions.

Board Appointments and Stock Exchange Migration

Shareholders of Kesar India Limited have approved the appointment of two new independent directors to the company's board. Mr. Ishwar Lal (DIN: 11224914) and Mr. Akshay Vinod Parmar (DIN: 11287143) have been elected to these positions, potentially bringing fresh perspectives to the company's governance.

In a move that could significantly enhance the company's market presence, shareholders have also given their assent to migrate Kesar India Limited's equity shares from BSE's SME platform to the main boards of both BSE and the National Stock Exchange of India Limited (NSE). This transition could potentially increase the company's visibility and liquidity in the market.

Land Asset Management

Another key decision approved by the shareholders is the authorization for the sale, disposal, or transfer of company land. This move could have implications for Kesar India Limited's asset management strategy and future financial position.

Voting Details

The postal ballot process, which utilized e-voting, saw participation from 17 equity shareholders representing 2,12,81,300 shares. The voting period ran from October 10, 2025, to November 08, 2025. Here's a breakdown of the voting results:

Resolution Votes in Favor Votes Against Result
Appointment of Mr. Ishwar Lal as Independent Director 100.00% 0.00% Passed
Appointment of Mr. Akshay Vinod Parmar as Independent Director 100.00% 0.00% Passed
Migration to Main Boards of BSE and NSE 100.00% 0.00% Passed
Approval for sale/disposal/transfer of Company Land 100.00% 0.00% Passed

It's worth noting that for the resolution regarding migration to the main boards, as per SEBI regulations, only votes from non-promoter shareholders were considered. This resolution also received 100% approval from the eligible voters.

The unanimous support for all resolutions indicates strong shareholder alignment with the company's proposed actions. These decisions could potentially shape Kesar India Limited's future trajectory in terms of governance, market presence, and asset management.

As the company moves forward with implementing these approved measures, market participants will likely be watching closely to see how these changes impact Kesar India Limited's performance and market position.

Historical Stock Returns for Kesar

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Kesar Reports Significant Drop in H1 Financial Performance

1 min read     Updated on 06 Nov 2025, 07:53 AM
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Reviewed by
Naman SScanX News Team
Overview

Kesar, an Indian stock market-listed company, has reported a significant downturn in its financial performance for the first half of the fiscal year. Net profit plummeted by 91.88% to ₹13.00 million from ₹160.00 million in the previous year. Revenue also contracted by 41.00%, falling to ₹298.00 million from ₹505.00 million. The results indicate a challenging period for the company, with both revenue generation and profitability under considerable pressure.

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*this image is generated using AI for illustrative purposes only.

Kesar , a company listed on the Indian stock market, has reported a substantial decline in its financial performance for the first half of the fiscal year. The company's latest financial results reveal a sharp downturn in both revenue and profitability compared to the same period last year.

Financial Highlights

Metric H1 (Current Year) H1 (Previous Year) Change
Net Profit ₹13.00 million ₹160.00 million -91.88%
Revenue ₹298.00 million ₹505.00 million -41.00%

Key Points

Profit Decline

Kesar's net profit for the first half of the year plummeted to ₹13.00 million, a stark contrast to the ₹160.00 million reported in the same period last year. This represents a significant year-over-year decrease of 91.88%.

Revenue Contraction

The company's revenue also saw a substantial decline, dropping to ₹298.00 million from ₹505.00 million in the previous year's corresponding period. This marks a 41.00% decrease in top-line performance.

Overall Performance

The financial results indicate a challenging period for Kesar, with both its revenue generation and profitability experiencing considerable pressure.

This sharp decline in financial performance could be attributed to various factors, which may include market conditions, operational challenges, or broader economic influences. However, without additional context or statements from the company, it's not possible to pinpoint the exact reasons for this downturn.

Investors and market watchers will likely be keen to understand the underlying causes of this performance dip and any strategies Kesar may implement to address these challenges in the coming quarters.

As always, it's advisable for investors to consider these results in the context of broader market trends and the company's long-term performance before making any investment decisions.

Historical Stock Returns for Kesar

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