Kesar India Limited's Wholly Owned Subsidiary Acquires Commercial Office Space in Hyderabad

Kesar India Limited (BSE: 543542) announced that its wholly owned subsidiary, Kesar Infraventures Private Limited, has completed the acquisition of a premium commercial office property located at Ameerpet, Hyderabad, Telangana, further strengthening the Group's strategic presence in South India.

The acquired property comprises Office Space No. 4A situated on the Third Floor of the commercial complex known as "Aditya Trade Centre (F & G Blocks)", Aditya Enclave, Ameerpet, Hyderabad, Telangana, having approximately 7,725 sq. ft. of super built-up area together with six dedicated car parking spaces.

The acquisition has been undertaken through Kesar Infraventures Private Limited, the Company's wholly owned subsidiary and infrastructure arm, and is aligned with the Group's long-term strategy of expanding its commercial real estate portfolio across key high-growth metropolitan markets in India.

Hyderabad has emerged as one of India's leading commercial and technology hubs, supported by sustained infrastructure development, a robust corporate ecosystem, and increasing demand for quality commercial office assets.

Commenting on the acquisition, Mr. Sachin Gopal Gupta, Managing Director, Kesar India Limited, said: "This acquisition represents another strategic step in strengthening our presence in one of India's fastest-growing commercial markets. Hyderabad offers a compelling combination of infrastructure, economic growth, and strong business activity. Through this acquisition, we continue to build a diversified portfolio of quality commercial assets that supports our long-term growth strategy while enhancing sustainable value for our shareholders."

The acquisition enhances Kesar Group's commercial real estate portfolio and supports its long-term expansion strategy in South India. The Company remains focused on disciplined capital allocation and identifying opportunities that generate sustainable long-term value for its shareholders.

Shares of Kesar India Limited was last trading in BSE at Rs. 1251.10 as compared to the previous close of Rs. 1274.80. The total number of shares traded during the day was 186700 in over 180 trades.

The stock hit an intraday high of Rs. 1259.00 and intraday low of 1220.00. The net turnover during the day was Rs. 233474325.00.

Source : Equity Bulls

Keywords

INE0L1C01019 KesarIndia RealEstate Residential CommercialOfficeSpace Hyderabad