ImportantCompany Update
Esaar (India) Limited has announced a Rights Issue of 5.99 crore new equity shares at ₹10 each, aiming to raise ₹59.96 Cr.
Esaar India Ltd531502 · Filed with the exchange
Shareholders will receive 44 new shares for every 15 existing shares held.
The raised capital will primarily augment the company's lending business by ₹46.20 Cr, with ₹11.96 Cr allocated for general corporate purposes.
Promoters plan to fully subscribe to their entitlements.
The company reported a net profit of ₹11.14 Cr and a net worth of ₹39.56 Cr for the fiscal year ending March 2026.
No comments yet. Be the first.