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

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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.

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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Kesar India Ltd - 543542 - Announcement under Regulation 30 (LODR)-Acquisition

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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