Kesar India board approves main board migration, land sale

Kesar India Limited announced that its board of directors, meeting on October 7, 2025, approved the migration of the company's equity shares from the 'SME Platform' of BSE Limited to the 'Main Board' of both BSE Limited and the National Stock Exchange of India Limited. This strategic move, contingent upon approvals from shareholders, NSE, and BSE, aims to enhance the company's visibility and accessibility to a broader investor base, aligning with SEBI (ICDR) Regulations, 2018.

In a related development, the board also approved the sale of approximately 19.11 hectares of land located at Mauza Takli, Tahsil Hingna, District Nagpur. This land sale is also subject to shareholder approval.

To facilitate these decisions, the board approved a draft Postal Ballot Notice and appointed M/s. Vishal Thawani & Associates as Scrutinizer for the e-voting process.