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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Kesar India Limited has issued a Postal Ballot Notice dated October 7, 2025 seeking shareholder approval through e-voting on four special resolutions. The first two resolutions seek approval to appoint Mr. Ishwar Lal (DIN 11224914) and Mr. Akshay Vinod Parmar (DIN 11287143) as Independent Directors for a first term of 5 consecutive years, from September 8, 2025 to September 7, 2030. The third resolution proposes migrating the company's equity shares from the BSE SME Platform to the Main Board of both BSE and NSE, aimed at improving liquidity, visibility, and access to institutional investors. The fourth resolution seeks shareholder consent to sell approximately 19.11 hectares of land at Mauza Takli, Tahsil Hingna, District Nagpur, with a base price of ₹80 crore set by the Board. The remote e-voting window runs from October 10, 2025 (9:00 a.m. IST) to November 8, 2025 (5:00 p.m. IST), with results to be declared on or before November 10, 2025.
If approved, the SME-to-main-board migration could improve share liquidity and attract institutional investors, while the proposed ₹80 crore land sale represents a significant monetisation of the company's real estate assets. Both items are material for shareholders, though the migration requires at least 2x public non-promoter votes in favour under SEBI ICDR norms.