Kesar India Ltd — Important, 03-12-2025: Company Update

Kesar India Limited has transferred a 49.99% stake in its wholly-owned subsidiary, YK Infraproject Private Limited, to Mr. Sandip Agarwal and Mr. Sachin Jejani. This transaction, executed at face value, results in YKIPL ceasing to be a wholly-owned entity but continuing as a subsidiary. The sale involved 499 shares for a total consideration of Rs. 49,900. YKIPL, incorporated in August 2024, had negligible turnover and a net worth of Rs. 59,000 as of March 2025. This move redefines the ownership structure of the nascent subsidiary.