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Kesar India Limited acquires 100% stake in Kesar Lands via share swap
30-Jul-2026, 09:12
Kesar India Limited has acquired a 100% stake in Kesar Lands Private Limited for a total purchase consideration of Rs 1,55,85,77,800, to be settled through a share swap involving the issuance of up to 17,31,752 equity shares on a preferential basis, according to a regulatory filing. The acquisition, which will make Kesar Lands Private Limited a wholly owned subsidiary of Kesar India Limited, is expected to strengthen the company’s presence in the real estate and infrastructure sector and is subject to shareholder approval and other regulatory clearances.
Kesar India Limited has acquired a 100% stake in Kesar Lands Private Limited for a total purchase consideration of Rs 1,55,85,77,800, to be settled through a share swap involving the issuance of up to 17,31,752 equity shares on a preferential basis, according to a regulatory filing. The acquisition, which will make Kesar Lands Private Limited a wholly owned subsidiary of Kesar India Limited, is expected to strengthen the company’s presence in the real estate and infrastructure sector and is subject to shareholder approval and other regulatory clearances.