BSECompany Update30 Jul 2026 · 30 Jul 2026, 08:22 pm
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Increase in Stake in Nexa Infraspace Private Limited.
Kesar India Ltd · 543542
✦ AI SummaryJoint Venture
Kesar India Ltd has acquired an additional 20% equity stake in Nexa Infraspace Private Limited, increasing its aggregate shareholding from 10% to 30%. The acquisition is part of the company's strategy to strengthen its presence in the real estate and infrastructure sector.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Kesar India Ltd - 543542 - Announcement under Regulation 30 (LODR)-Acquisition
Attachments (1)
📄pdf
Download →
54acc1e5-18f5-4aff-9a34-1eeb5564a02f.pdf
View document text
Date: July 30, 2026
BSE Limited,
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400001
Security Code: 543542
Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 – Increase in Stake in Nexa Infraspace Private Limited.
Dear Sir/ Madam,
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform that,
the Company pursuant to a Share Purchase Agreement dated July 30, 2026 acquired an additional
20% equity stake in Nexa Infraspace Private Limited bearing CIN: U43299MH2024PTC422523.
Prior to acquisition, the Company held 10% equity stake in Nexa Infraspace Private Limited.
Consequent to the Acquisition, the aggregate shareholding of the Company has increased from 10%
to 30% of the paid-up equity share capital of Nexa Infraspace Private Limited.
Pursuant to the aforesaid acquisition, Nexa Infraspace Private Limited has become an Associate
Company of Kesar India Limited.
The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th
January, 2026 are given as Annexure - A.
Thanking you,
Yours faithfully,
For Kesar India Limited
Aditi Deshmukh
Company Secretary & Compliance Office
End: As above
KESAR INDIA LIMITED (Formerly known as Kesar India Private Limited, Kesar Impex (India) Private Limited)
Website: www.KesarLands.Com, Email: Info@KesarLands.com, Tel: +91 7122546666, +91 7122568888
Registered Office: 2nd Floor, Saraf Chambers, Mount Road, Sadar, Sadar Bazar, Nagpur 440 001 MH India.
CIN: L51220MH2003PLC142989
Annexure – A
Sr. No. Particulars Details
a) Name of the target entity, details Name: NEXA INFRASPACE PRIVATE
in brief such as size, turnover LIMITED (NIPL)
etc.
CIN: U43299MH2024PTC422523
Details as on March 31, 2026
Paid-Up Share Capital: Rs. 1,00,000 (Rupees One
Lacs only)
Turnover: Nil
b) Whether the acquisition would The Equity Shares are being acquired from Mr.
fall within related party Vikrant Jain who is not a Related Party of the
transaction (s) and whether the Company.
promoter/ promoter group/
group companies have any Upon completion of the proposed acquisition, Nexa
interest in the entity being Infraspace Private Limited will become an
acquired? If yes, nature of Associate Company of the Company and,
interest and details thereof and consequently, a Related Party in accordance with the
whether the same is done at provisions of the Companies Act, 2013 and the
“arms’ length”. applicable Indian Accounting Standards.
The proposed acquisition is being undertaken in the
ordinary course of the Company's business and on
an arm's length basis.
The Promoter / Promoter Group / group companies
do not have any interest in the entity being acquired.
c) The industry to which the entity Construction and Real Estate Development
being acquired belongs
KESAR INDIA LIMITED (Formerly known as Kesar India Private Limited, Kesar Impex (India) Private Limited)
Website: www.KesarLands.Com, Email: Info@KesarLands.com, Tel: +91 7122546666, +91 7122568888
Registered Office: 2nd Floor, Saraf Chambers, Mount Road, Sadar, Sadar Bazar, Nagpur 440 001 MH India.
CIN: L51220MH2003PLC142989
d) Objects and effects of Acquisition is done pursuant to a Share Purchase
acquisition (including but not Agreement (‘SPA’) dated July 30, 2026 entered into
limited to, disclosure of reasons with the shareholders of NIPL.
for acquisition of target entity, if
its business is outside the main The acquisition enables the Company to strengthen
line of business of the listed its presence in the real estate and infrastructure
entity). sector and expand its capabilities across project
development, execution and related activities. The
investment provides the Company with access to
new business opportunities, enhances its project
portfolio and supports its long-term growth strategy.
e) Brief details of any Not Applicable
governmental or regulatory
approvals required for the
acquisition
f) Indicative time period for The Shares of the NIPL are acquired on July 30,
completion of the acquisition. 2026.
g) Nature of consideration (whether Cash Consideration
cash consideration or share swap
and details of the same).
h) Cost of acquisition and/or the Cost of acquisition: Rs. 20,000/-
price at which the shares are Cost Per share: Rs. 10/- each
acquired.
i) Percentage of shareholding /
control acquired and / or number Present Change in Post
of shares acquired. Shareholding Shareholding acquisition
Shareholding
10% 20% 30%
(1000 Shares (2000 Shares (3000 Shares
of Rs. 10/- of Rs. 10/- of Rs. 10/-
Each) Each) Each)
KESAR INDIA LIMITED (Formerly known as Kesar India Private Limited, Kesar Impex (India) Private Limited)
Website: www.KesarLands.Com, Email: Info@KesarLands.com, Tel: +91 7122546666, +91 7122568888
Registered Office: 2nd Floor, Saraf Chambers, Mount Road, Sadar, Sadar Bazar, Nagpur 440 001 MH India.
CIN: L51220MH2003PLC142989
j) Brief background about the NEXA INFRASPACE PRIVATE LIMITED was
entity acquired in terms of incorporated on March 30, 2024 having its
products/line of business registered office at H No. 216/260, Flat No 601,
acquired, date of incorporation, Ashish Towers, CA Road, Bagadganj, Nagpur –
history of last 3 years turnover, 440008, Maharashtra.
country in which the acquired
entity has presence and any other The Company is engaged in the business of real
significant information (in estate development business.
brief).
Year Turnover
FY 2024-25 Nil
FY 2025-26 Nil
Country in which the acquired entity has presence is
India
KESAR INDIA LIMITED (Formerly known as Kesar India Private Limited, Kesar Impex (India) Private Limited)
Website: www.KesarLands.Com, Email: Info@KesarLands.com, Tel: +91 7122546666, +91 7122568888
Registered Office: 2nd Floor, Saraf Chambers, Mount Road, Sadar, Sadar Bazar, Nagpur 440 001 MH India.
CIN: L51220MH2003PLC142989