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Kesar India acquires 50.01% equity shares in MCWPL

20 Jan 2026 Evaluate

Kesar India has acquired 50.01% Equity Shares of Mahashakti Coal Washeries (MCWPL) from its existing shareholder. Pursuant to the said acquisition, MCWPL has become the Subsidiary of the Company. The objective of investment is to diversify business of construction and real estate activities.

Kesar India is engaged in the business of developing and constructing of projects such as residential & commercial plotting, residential, commercial and industrial buildings, colonies, mills and factory's buildings, workshop's building, etc.

Peers
Company Name CMP
Lodha Developers 1225.00
Prestige EstatesProj 1690.10
Dilip Buildcon 408.50
DLF 768.00
Oberoi Realty 1819.95
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