Promoter group acquires 51.88 lakh shares via warrant conversion and share swap
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Promoters and promoter group of Kesar India acquired 51,88,895 equity shares (15.14 percent of capital) through conversion of warrants into equity shares across four dates between Dec 2025 and Oct 2026, plus 17.31 lakh shares via a non-cash share swap on Oct 14, 2026. After the acquisition, total promoter group holding is 69.23 percent, with Gopal Gupta individually holding 54.24 percent. Total share capital expanded from 2.48 crore to 3.43 crore shares.
Promoter confidence signalled via capital expansion, though group stake diluted from 74.73 percent to 69.23 percent due to wider share base.