Kesar
1,194.95
-0.35(-0.03%)
Market Cap₹3,345.62 Cr
PE Ratio172.73
IndustryRealty
Company Performance:
1D-0.03%
1M+4.00%
6M+63.66%
1Y+71.49%
5Y+4,706.72%
View Company Insightsright
More news about Kesar
26Nov 25
Kesar India Expands Business with New Subsidiary Kesar Gold Projects Private Ltd in Nagpur
Kesar has incorporated a new subsidiary, Kesar Gold Projects Private Limited, in Nagpur, Maharashtra. This move is aimed at expanding the company's current business operations, potentially diversifying revenue streams and exploring new business avenues. The specific focus of the new subsidiary has not been disclosed.
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26Nov 25
Kesar India Limited Expands Footprint with Strategic Land Acquisition in Nagpur
Kesar India Limited has acquired a 24,256 sq. mtrs. land parcel in Hingna, Nagpur, Maharashtra. The company plans to develop a mixed-use high-rise project with over 1.50 million sq. ft. of development potential. The project has an estimated revenue potential of approximately Rs. 900.00 crore. This acquisition aligns with Kesar India's expansion strategy in emerging markets and positions the company to capitalize on Nagpur's growing demand for integrated urban spaces.
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24Nov 25
Kesar India Limited Acquires 99.99% Stake in Kesar Capital LLP for Strategic Expansion
Kesar India Limited has acquired a 99.99% stake in Kesar Capital LLP, a firm focused on share trading activities, for Rs. 49,999.00. The total capital contribution for the acquisition is Rs. 50,000.00, with Kesar India's Managing Director, Sachin Gupta, contributing Rs. 1.00 for a 0.01% stake. This strategic move marks Kesar India's entry into the securities trading sector, potentially enhancing the company's operational capabilities and opening new avenues for growth in the securities market.
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20Nov 25
Kesar India Completes ₹1.16 Billion Land Sale to Godrej Properties
Kesar India Limited has sold its land assets in Nagpur to Godrej Properties' subsidiary, Godrej Skyline Developers Limited, for ₹1.16 billion (₹115.71 crores). The transaction, completed on November 20, 2025, involves property in Mauza Takli, Tahsil Hingna, District Nagpur. Kesar India obtained shareholder approval via postal ballot on November 8, 2025. The sale is expected to positively impact Kesar India's financials, with the land having been acquired in May 2025.
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11Nov 25
Kesar India Limited Shareholders Approve Key Corporate Actions, Including Stock Exchange Migration
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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06Nov 25
Kesar Reports Significant Drop in H1 Financial Performance
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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05Nov 25
Kesar Reports H1 FY26 Results, Acquires Stake in Nexa Infraspace, and Announces Director Resignation
Kesar, a real estate development company, released its H1 FY26 results, showing revenue growth in both standalone (₹2,981.44 lakh) and consolidated (₹2,985.38 lakh) operations. The company acquired a 10% stake in Nexa Infraspace Private Limited for ₹10,000. Kesar also approved a preferential allotment of equity and warrants totaling ₹273.72 crore, with ₹70.71 crore received and ₹203.01 crore pending. In corporate governance, Mr. Ajay Pandey resigned as Independent Director effective November 5, 2025.
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07Oct 25
Kesar India Board Approves Migration to Main Boards of BSE and NSE, Proposes Land Sale
Kesar India Limited's board has approved plans to migrate from BSE's SME Platform to the Main Boards of BSE and NSE, subject to shareholder and regulatory approval. Additionally, the board seeks shareholder approval to sell 19.11 hectares of land in Nagpur. The company will conduct a Postal Ballot for shareholders to vote on these significant corporate actions.
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03Oct 25
Kesar India Limited Acquires 0.81 Hectares of Land in Nagpur for Expansion
Kesar India Limited (BSE: 543542) has purchased 0.81 hectares (8,100 square meters) of land in Nagpur, Maharashtra. The acquired land is located at Survey/Khasra No. 56/2 in Mouza Kotewada, Tehsil Hingna, District Nagpur. This strategic acquisition aligns with the company's expansion plans and growth strategy. The company has disclosed this information to the BSE Limited in compliance with SEBI regulations.
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22Sept 25
Kesar India Limited Expands Share Capital with Preferential Allotment
Kesar India Limited, a BSE-listed real estate company, completed a preferential allotment of warrants and equity shares to both promoter and non-promoter categories. The allotment included 64,76,559 fully convertible warrants for cash, 12,57,142 warrants partly for cash and loan conversion, and 86,856 equity shares for cash. This increased the company's equity share capital from 2,47,12,800 to 2,47,99,656 shares. The promoter group's stake rose to 74.73% of total share capital and 67.59% of diluted share capital. Key promoters received significant warrant allocations, with Gopal Gupta receiving the largest at 18,57,147 warrants.
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18Sept 25
Kesar Secures Rs. 273.7 Crore Through Strategic Preferential Allotment
Kesar, a real estate company, has raised ₹273.70 crore through a preferential allotment of warrants and equity shares. The allotment includes 64,76,559 fully convertible warrants at ₹350 each to promoters and non-promoters, 12,57,142 warrants to promoter group members with loan conversion provisions, and 86,856 equity shares to non-promoters. This has increased Kesar's paid-up equity share capital to ₹24.80 crore, comprising 2,47,99,656 equity shares. The allotment involved 38 investors across promoter and non-promoter categories, indicating strong investor confidence.
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04Aug 25
Kesar India Limited Approves Rs. 291.72 Crore Preferential Issue, Ranks 6th in India for Revenue Growth
Kesar India Limited, a Nagpur-based real estate developer, has approved a Rs. 291.72 crore preferential issue, including fully convertible warrants and equity shares. The company will issue 82,47,986 warrants and 86,856 equity shares at Rs. 350 each. Additionally, Kesar India ranked 6th nationally for year-on-year revenue growth in the 2025 Grohe - Hurun India Real Estate 150 list, with a 250% growth in FY 2024.
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04Aug 25
Kesar India Limited Soars to 6th Place in Hurun Real Estate 150 List
Kesar India Limited, a Nagpur-based real estate developer, has secured the 6th position in India for year-on-year revenue growth in the Grohe - Hurun India Real Estate 150 list. The company achieved a 250.00% revenue growth, emerging as the sole representative from Central India in this ranking. Operating in both residential and commercial sectors, Kesar India Limited's success highlights the growing importance of tier-2 cities in India's real estate market.
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01Aug 25
Kesar Approves Revised Remuneration for Key Directors and ₹291.72 Crore Preferential Issue
Kesar's Board of Directors has approved revised remuneration packages for Chairman Yash Gupta and Managing Director Sachin Gupta, effective August 1, 2025, subject to shareholder approval. The board also approved a preferential issue of ₹291.72 crore, including ₹244.68 crore in fully convertible warrants, ₹43.99 crore in additional warrants, and ₹3.04 crore in equity shares. The issue involves both promoter and non-promoter investors, with the largest allocation of ₹65 crore to promoter Gopal Gupta. Additionally, the company introduced the Kesar India Employees Stock Purchase Scheme – 2025, offering up to 2,00,000 equity shares with a one-year lock-in period.
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01Aug 25
Kesar India Limited Approves ₹291.72 Crore Preferential Issue to Boost Capital
Kesar India Limited's Board has approved a ₹291.72 crore preferential issue, comprising fully convertible warrants worth ₹244.68 crore and ₹43.99 crore, along with equity shares worth ₹3.04 crore. The issue includes participation from both promoter (₹121.00 crore) and non-promoter (₹170.72 crore) categories. Warrants are convertible into equity shares within 18 months of allotment. The issue involves 39 allottees for the main warrant tranche, 2 promoter group members for loan conversion warrants, and 4 non-promoter allottees for equity shares. Notable allottees include Gopal Gupta (Promoter, ₹65.00 crore) and several non-promoters investing ₹20.00 crore each. A general meeting for shareholder approval is pending.
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23Jul 25
Kesar India Limited to Consider Fund Raising Options in Upcoming Board Meeting
Kesar, a BSE-listed company, has scheduled a Board of Directors meeting for July 30, 2025, to explore various fund-raising options including equity shares, convertible securities, preferential issue, rights issue, and qualified institutional placement. The company has also announced a trading window closure from July 23, 2025, until 48 hours after the board meeting conclusion, applicable to designated persons and their immediate relatives.
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24Jun 25
Kesar India Expands into Real Estate with 51% Stake Acquisition in Kesar Maitreya Infraventures LLP
Kesar India has acquired a 51% majority stake in Kesar Maitreya Infraventures LLP, marking its entry into the real estate sector. This strategic move aims to diversify Kesar India's business operations and expand its market presence. The acquisition could potentially open up new revenue streams and enhance the company's overall market position.
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04Mar 25
Kesar India Expands Footprint with Strategic Land Acquisition in Nagpur
Kesar India Limited has acquired approximately 7,500 square meters (80,730 square feet) of land in Nagpur, Maharashtra. The land is located in Survey/Khasra No. 90/1/1, Mouza - Khairi, Tehsil - Kamptee, District – Nagpur. The transaction was completed on March 03, 2025. This acquisition signals potential expansion and development plans for the company in the Nagpur real estate market.
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Kesar
1,194.95
-0.35
(-0.03%)
1 Year Returns:+71.49%
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