09 Sep 2026
Kesar Enterprises' board approved selling its Baheri sugar, distillery and cogeneration business to Avadh Foods for Rs 431 crore.
Those divisions were 99.55 percent of total income last year on revenue of Rs 304.50 crore, so the sale disposes of essentially the whole operating company. Completion is targeted for June 2027 and needs shareholder approval.
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