Rights Issue15 Sept 2026, 09:00 pm
Esaar India Allots 5.99 Cr Shares Post Rights Issue
AI Summary
Esaar India Ltd has announced the successful allotment of 5,99,64,667 fully paid-up equity shares following its rights issue. The rights issue, which opened on September 2, 2026, and closed on September 11, 2026, offered shares at ₹10 each, aggregating up to ₹5996.47 Lakhs. The allotment was approved by the Rights Issue Committee and the Designated Stock Exchange, BSE Limited. This allotment has significantly increased the company's paid-up equity share capital from ₹20,44,25,000 to ₹80,40,71,670.
Key Highlights
- Esaar India completed allotment of 5,99,64,667 equity shares.
- The shares were issued at ₹10 each via a rights issue.
- Total funds raised amount to approximately ₹5996.47 Lakhs.
- Paid-up equity share capital increased substantially post-allotment.
Price Impact
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