Shareholding16 Sept 2026, 07:50 pm
Prabhat Capital Investments Increases Esaar India Stake to 36.31%
AI Summary
Prabhat Capital Investments Limited has disclosed a significant acquisition of shares in Esaar (India) Limited, increasing its total holding to 36.31% of the total voting capital. The acquisition, executed via a rights issue on September 15, 2026, involved the purchase of 28,351,258 equity shares. Prior to this transaction, Prabhat Capital Investments held 4.14% of Esaar India's shares. The total equity share capital of Esaar India has also seen a substantial increase post-acquisition.
Key Highlights
- Prabhat Capital Investments acquired 28,351,258 shares in Esaar India.
- Holding increased from 4.14% to 36.31% of total voting capital.
- Acquisition was made through a rights issue.
- Transaction date was September 15, 2026.
- Esaar India's equity capital significantly increased post-acquisition.
Price Impact
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