Kesar India Ltd — Important, 20-11-2025: Company Update
20-11-2025 | 07:55 pm
20-11-2025 | 07:55 pm
Kesar India Limited has completed the sale of land in Nagpur to Godrej Skyline Developers Limited, a real estate company, for approximately Rs. 115.71 Cr. The agreement was executed on November 20, 2025, a decision approved by shareholders via postal ballot. This transaction represents a key asset monetization, generating substantial cash inflow. Notably, the land was acquired earlier this year and had not contributed to the company's turnover or revenue, highlighting its role as an investment asset now converted to cash. This move strengthens the company's financial position.
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