Nagpur, May 16, 2025 – Kesar India Limited (BSE: 543542), a leading player in land development and real estate solutions, announced a significant land acquisition in Nagpur, Maharashtra, as per its regulatory filing with the BSE dated May 16, 2025.

The company has successfully acquired a fresh land parcel measuring approximately 2.69 hectares (6.647 acres) situated at Mauza Takli, Tahsil Hingna, District Nagpur, Maharashtra. This new acquisition is adjacent to land previously acquired on May 9, 2025, and contributes to a larger strategic land bank in the region.

With this, Kesar India has now acquired a total land bank of approximately 17.79 hectares (43.957 acres) in the Mauza Takli area, positioning itself strongly for future development projects in the fast-growing Hingna belt of Nagpur.

Strategic Location and Development Opportunity:

The acquired land lies in Tahsil Hingna, one of Nagpur’s most prominent zones witnessing rapid infrastructural growth. Located in close proximity to key industrial and logistic corridors, the Mauza Takli land parcel offers considerable potential for real estate development, warehousing, logistics hubs, or industrial parks.

The 43.957 acres consolidated land holding allows Kesar India to explore large-scale township projects or integrated mixed-use developments, in line with its long-term vision.

Company Statement:

In its communication to the stock exchange, the company stated:

“Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform that the company has acquired land admeasuring approximately 2.69 hectares (6.647 acres)... as on date, the company has acquired total land parcel approximately 17.79 hectares (43.957 acres) at Mauza Takli, Tahsil Hingna, District Nagpur.”

This acquisition reinforces Kesar India’s commitment to strategic expansion and land consolidation to fuel its future growth across Maharashtra and other key regions.

About Kesar India Limited:

Founded in 2003 and headquartered in Nagpur, Maharashtra, Kesar India Limited (formerly Kesar India Private Limited) has evolved into a key player in the real estate and land development sector. Known for acquiring and transforming underutilized land parcels, Kesar India’s focus spans residential, industrial, and commercial property development.

The company has built a reputation for transparency and legal clarity in land dealings. Through effective land aggregation and planning, Kesar India enables strategic urban expansion and real estate infrastructure development across central India.

The Upcoming IPOs in this week and coming weeks are Victory Electric Vehicles International, Borana Weaves, Dar Credit and Capital,Belrise Industries, Wagons Learning.

The Current active IPO are Accretion Pharmaceuticals.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst