Kesar India Ltd — Important, 01-09-2026: Company Update

Kesar India Limited's Preferential Issue Committee has approved the allotment of 12.86 lakh equity shares of ₹10 each at an issue price of ₹350 per share. This allotment stems from the conversion of an equal number of fully convertible warrants previously issued to non-promoter individuals. This move increases the company's paid-up equity share capital to ₹32.53 crore, comprising 3.25 crore equity shares. This conversion reflects the exercise of warrants, bringing new capital into the company and slightly diluting existing shareholding.