Kesar India Ltd — Important, 19-01-2026: Company Update

Kesar India has acquired a 50.01% equity stake in Mahashakti Coal Washeries Private Limited (MCWPL), making it a subsidiary. This strategic move aims to diversify Kesar India's business from its core Construction and Real Estate activities into the fuels sector. MCWPL operates in coal washing, processing, and trading of various fuels. The acquisition was for a cash consideration of Rs. 50,010. MCWPL, incorporated in 2024, has a paid-up capital of Rs. 0.01 Cr and reported no turnover in its last fiscal year, indicating Kesar India's entry into a new growth area.