Esaar India Approves Rights Issue Terms Up To ₹6000 Lakhs

Esaar India Ltd's Board of Directors has approved the terms of a Rights Issue aimed at raising up to ₹6000.00 Lakhs. The issue involves offering 5,99,64,667 fully paid-up Equity Shares of face value ₹10 each at a price of ₹10 per share. This translates to a total issue size of ₹59,96,46,670/-. Eligible shareholders will receive 44 Rights Equity Shares for every 15 Equity Shares held as of the record date, August 25, 2026. The issue opens on September 2, 2026, and closes on September 11, 2026. The company also noted its outstanding equity shares will increase from 2,04,42,500 to 8,04,07,167 post-issue, assuming full subscription.