Kesar Terminals & Infrastructure Ltd — Board Meeting, 13-08-2025: Board Meeting

Kesar Terminals & Infrastructure's Board approved its Q1 financial results. The company reported a standalone net loss of ₹0.72 Cr and a consolidated net loss of ₹17.37 Cr for the quarter ended June 30, 2025, with the consolidated loss significantly widening due to a ₹7.62 Cr Mandi Board penalty on its subsidiary. Auditors flagged concerns over non-provision for a corporate guarantee of ₹177.57 Cr related to its defaulting subsidiary, KMLL, whose net worth is eroded. The ongoing divestment of KMLL to DP World is a key focus, aimed at addressing these financial exposures and liabilities. Litigation with Deendayal Port Trust also remains unsettled.