Kesar India Ltd — Important, 18-09-2025: Company Update

Kesar India's Preferential Issue Committee approved the allotment of 64,76,559 fully convertible warrants at Rs. 350 each, raising Rs. 226.68 Cr from promoter and non-promoter investors. An additional 12,57,142 warrants were allotted to the promoter group, valued at Rs. 44.00 Cr, converting an Rs. 11.00 Cr unsecured loan and bringing in Rs. 33.00 Cr in cash. The company also allotted 86,856 equity shares to non-promoters at Rs. 350 each, raising Rs. 3.04 Cr. Following these allotments, the company's paid-up equity share capital increased to Rs. 24.80 Cr. This capital infusion supports company operations and growth initiatives.