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

Prabhat Capital Investments Limited completed its open offer to acquire shares of Esaar (India) Limited at Rs. 8.00 per share. While the offer aimed to acquire 53.15 lakh shares (26.00% equity) valued at Rs. 4.25 Cr, only 1,548 shares (0.01%) were tendered and accepted, totaling Rs. 12,384. This significantly lower actual acquisition means the acquirer's post-offer stake, including a prior share purchase, stands at 6.36 lakh shares or 3.11%. Certain existing public shareholders will also be reclassified into the promoter group after the offer completion.