Announcemnet under Regulation 30 (LODR)- Press Release / Media Release Acquisition of 22.487 Acres of strategic land Near Sumruddhi Mahamarg, Nagpur with Revenue Potential of Rs. 200 Crore.
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Kesar India Ltd has acquired a 22.487-acre (9.10 hectare) land parcel at Mouza Sumthana, Tehsil Hingna, District Nagpur, Maharashtra, from two individuals for a total consideration of Rs. 27 crore. The company expects this consolidated land parcel to generate an estimated revenue potential of approximately Rs. 200 crore. The acquisition is aimed at strengthening the company's development potential and supporting expansion of its business activities. The filing clarifies that this is not a related party transaction, and the earlier press release on this matter was dated January 23, 2026.
This acquisition could significantly boost future revenue if the Rs. 200 crore revenue potential materializes, but it is an investment of Rs. 27 crore in land that may take time to convert into actual sales. Shareholders should view this as a growth-oriented move that could enhance long-term value, though near-term impact on earnings is unlikely.