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Kesar Terminals & Infrastructure LtdUpdates, 10-06-2025: Company Update

10-06-2025 | 03:17 pm

Kesar Terminals & Infrastructure Limited has announced a board meeting on the transfer of 100% shares held in its wholly-owned subsidiary, Kesar Multimodal Logistics Limited, to DP World Multimodal Logistics Pvt Ltd. The transaction has received approval from the Madhya Pradesh Government and is subject to fulfillment of conditions in the Share Subscription & Share Purchase Agreement dated September 2023, including certain approvals. This move could streamline the company’s logistics operations and impact its investment structure, which is important for shareholders tracking strategic asset shifts.

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