Esaar India Ltd — Important, 01-01-1970: Company Update

Prabhat Capital Investments has launched an open offer to acquire up to 26% of Esaar (India) Limited's equity at Rs. 8.00 per share, which includes interest for a prior offer delay. This offer follows an agreement to purchase 3.10% from the existing promoter at Rs. 5.00 per share. Post-offer, Prabhat Capital will hold 29.10% of Esaar, triggering a change in control for the NBFC. Prabhat Capital, with a net worth of Rs. 32.93 Crore, plans to continue Esaar's current business and may diversify. Esaar's recent financials show a net loss of Rs. 2.24 Crore in FY25, a shift from profits. Independent directors will provide their reasoned assessment. The offer opens September 1, 2025, and closes September 15, 2025.