Kesoram Industries, one of India’s oldest conglomerates with deep legacy ties to the Birla family, is set for a significant ownership shift as the promoters formally exit the company. Frontier Warehousing, backed by the Edelweiss Group, has taken control through a series of transactions that transfer management influence and stake ownership. The development marks the end of an era for the storied industrial house while opening a new chapter for the company’s cement and allied businesses.