Kesar Terminals & Infrastructure Ltd — Important, 10-09-2025: Company Update
10-09-2025 | 09:08 pm
10-09-2025 | 09:08 pm
Kesar Terminals & Infrastructure Limited has completed the transfer of its entire 100% equity and preference stake in its wholly-owned subsidiary, Kesar Multimodal Logistics Limited (KMLL), to DP World Multimodal Logistics Pvt Ltd. This significant transaction involved the payment of KMLL's bank dues, effectively extinguishing the company's liability as a Corporate Guarantor, barring a small non-fund based facility that DPW will also settle. With the receipt of its due funds and freedom from KMLL's liabilities, the company is now poised to sharpen its focus on core activities and pursue expansion opportunities nationwide.
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