Kesar India announces preferential allotment of warrants and equity shares

Kesar India Limited has announced a preferential allotment of 6,476,559 fully convertible warrants for cash, 1,257,142 fully convertible warrants partly for cash and partly against loan conversion, and 86,856 equity shares for cash, all with a face value of ₹10 each. The allotment, made on September 18, 2025, includes allocations to the promoter, promoter group, and non-promoter categories.

This move results in a shift in the company’s capital structure. Prior to the acquisition, the total share/voting capital was ₹247,128,000 comprising 24,712,800 equity shares. Post-acquisition, the equity share capital rises to ₹247,996,560, comprising 24,799,656 equity shares. The total diluted share/voting capital after the allotment is ₹325,333,570, comprising 32,533,357 equity shares.

Key individuals like Gopal Gupta, Sachin Gopal Gupta, and Yash Gopal Gupta, along with Kesar Lands Private Limited and Kesar Infracon Private Limited, are among the acquirers. Their collective share in the voting capital (diluted) now stands at 67.59%.