Kesar India Ltd — Important, 02-05-2026: Company Update

Kesar India's committee has approved the allotment of 14,55,235 new equity shares at an issue price of ₹350 each, stemming from the conversion of previously issued warrants. These shares, with a face value of ₹10 each, have been issued to both promoter and non-promoter groups. This conversion significantly boosts the company's paid-up equity share capital to ₹30.03 Cr, now comprising 3,00,28,464 equity shares. This strategic move strengthens the company's capital structure and broadens its shareholder base.