Company Update

Kesar Terminals & Infrastructure Limited has extended the Long Stop date for the sale of its wholly-owned material subsidiary, Kesar Multimodal Logistics Limited (KMLL), to DP World Multimodal Logistics Pvt Ltd. This transaction, involving up to 100% stake in KMLL, now has a completion deadline of August 31, 2025. The extension indicates the deal is progressing, with certain conditions still being fulfilled.

This update is important for shareholders tracking the company's strategic divestment.