Kesar India has acquired an additional 20% equity stake in Nexa Infraspace. Prior to acquisition, the company held 10% equity stake in Nexa Infraspace (NIPL). Consequent to the acquisition, the aggregate shareholding of the company has increased from 10% to 30% of the paid-up equity share capital of Nexa Infraspace. Pursuant to the aforesaid acquisition, Nexa Infraspace has become an Associate Company of Kesar India.
Acquisition is done pursuant to a Share Purchase Agreement (SPA) dated July 30, 2026 entered into with the shareholders of NIPL. The acquisition enables the company to strengthen its presence in the real estate and infrastructure sector and expand its capabilities across project development, execution and related activities. The investment provides the company with access to new business opportunities, enhances its project portfolio and supports its long-term growth strategy.
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.
| Company Name | CMP |
|---|---|
| Lodha Developers | 1200.00 |
| Dilip Buildcon | 413.30 |
| Sobha | 1333.00 |
| Oberoi Realty | 1790.00 |
| Ahluwalia Contract(I | 806.60 |
| View more.. | |
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