Kesar India Ltd — Board Meeting, 01-08-2025: Board Meeting

Kesar India's Board has approved a significant capital raise through a preferential issue totaling approximately ₹291.72 crore. This includes ₹244.68 crore from Fully Convertible Warrants (FCWs) for cash, another ₹43.99 crore via FCWs (partly adjusting an existing loan of ₹10.99 crore and ₹32.99 crore in cash), and ₹3.04 crore from direct Equity Share allotment for cash. Promoters and Promoter Group will infuse up to ₹121 crore, with Non-Promoters contributing the remaining ₹170.72 crore. This capital infusion is a key step to bolster the company's financial standing and fund future growth, pending shareholder approval.