Kesar India Ltd — Important, 22-05-2026: Company Update

Kesar India's wholly-owned subsidiary, Kesar Infraventures Private Limited, has secured a significant Engineering, Procurement, and Construction (EPC) contract. Valued at approximately ₹160 Crore, the project involves a large-scale residential development in Central Mumbai for M/s Zee Enterprises. This win bolsters Kesar Group's expanding infrastructure and EPC vertical, strengthening its presence in high-value projects. Management views this segment as a crucial long-term growth driver, complementing its core real estate business. The project is expected to be completed within 24 months.