Esaar India Approves Rights Issue Up to ₹600 Cr

The Board of Directors of Esaar India Limited has approved a Rights Issue of equity shares, aiming to raise up to ₹6000 lakhs (₹600 crore). The board also approved the appointment of Mr. Dipesh B. Mistri as the Chief Financial Officer (CFO) & Key Managerial Personnel (KMP) effective June 10, 2026. A Draft Letter of Offer will be filed with SEBI and stock exchanges, and a Rights Issue Committee has been formed to oversee the process. Necessary intermediaries for the issue have also been appointed.