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About Kesar Enterprises
Kesar Enterprises (KEL) formerly The Kesar Sugar Works was incorporated in Aug.'33. It belongs to the Kilachand Devchand group. The company is at present managed by Harsh R Kilachand, chairman-cum-managing director. In Sep.'92, KEL came out with a rights issue (4:5) of 28.94 lac 13.5% FCDs of Rs 30 each, aggregating Rs 8.68 cr to part-finance the modernisation and expansion of the company's distillery (cost : Rs 10.40 cr) to produce extra neutral alcohol (ENA) and Indian-made foreign liquor (IMFL).
The company manufactures various products such as sugar, industrial alcohol and country liquor. Apart from this, it also has large storage installations for handling liquid bulk cargo. KEL has two subsidiaries, Amber Distilleries and Kesar Marble & Granites, with which it had set up a 100% EOU for processing and polishing granite. From 11th July,2002 Kesar Marble & Granites ceased to be subsidiary of KEL.
During 1999-2000, the company has entered into a Project Services Agreement with Mahindra Realty Infrastructure Developers Ltd (MRIDL), a wholly owned subsidiary of Mahindra & Mahindra Ltd for developing its land at Goregoan - Mumbai and construction for sale, residential and commercial tenements. It has also got approval from the authorities to start construction activities.
To improve the quality and quantity of alcohol the company has increased the license capacity from 13,092 KL/year to 16365 KL/year and subsequently total production will be increased from the current financial year.
Parent Organisation
Kilachand
Managing Director
H R Kilachand
Founded
1933
NSE Symbol
KESARENT
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What is the share price of Kesar Enterprises Ltd (KESARENT) shares?
Kesar Enterprises Ltd (KESARENT) share price as of October 22, 2024, on NSE is Rs 139.8 (NSE) and Rs 139.8 (BSE) on BSE.
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1. Direct investment: You can buy Kesar Enterprises Ltd (KESARENT) shares by opening a Demat account with Angel One.
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1. Direct investment: You can buy Kesar Enterprises Ltd (KESARENT) shares by opening a Demat account with Angel One.
2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Kesar Enterprises Ltd (KESARENT) shares.
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