Kesoram Confirms Frontier Warehousing Control After 42.80% Stake Acquisition

Frontier Warehousing completed acquisition of 13.29cr shares (42.80%) raising stake to 42.81% and took control as promoter, triggering board reset with three exits and appointment of Gautam Agarwalla as Managing Director. Old promoters holding 0.54% sought reclassification to public. Context: resolves overdue control transfer and support overhang.