Purchase of total land admeasuring 17.79 Hectares (43.957 Acers) at Nagpur, Maharashtra.
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Kesar India Ltd has completed the acquisition of a total land parcel of about 17.79 hectares (43.957 acres) at Mauza Takli, Tahsil Hingna, District Nagpur, Maharashtra. The latest 2.69-hectare (6.647-acre) plot was acquired on May 16, 2025 and is adjacent to a land parcel bought on May 09, 2025. The acquisitions have been made through a single contiguous area, indicating the company is consolidating a sizeable land bank. The company's branding (KesarLands.com) suggests land is a core business asset. No purchase consideration or funding details have been disclosed in this filing.
Expands the company's land bank significantly in the Nagpur region, which could support future development or sale activity, though the financial size of the deal and its impact on the company's net worth have not been disclosed.