Esaar India Ltd

Prabhat Capital Acquires 26% Stake in Esaar (India) at ₹8/Share 📊

- Prabhat Capital Investments acquired 26% stake in Esaar (India) at ₹8/share, including 10% interest for delayed payment.

- Total offer size: ₹425.20 Lacs for 53,15,050 shares; only 1,548 shares (0.03%) tendered and accepted.

- Post-offer, Prabhat Capital’s shareholding rose to 8,56,236 shares (4.19%).

- Market price movement: Pre-offer ₹6.75, peaked at ₹15.97 during tendering, settled at ₹12.73 post-offer.

- Payment made electronically via BSE Clearing on 19.09.2025, ahead of the 29.09.2025 due date.

- Public shareholding remains strong at 95.81%, well above the 25% minimum for listing.

- Key players: Esaar (India) (Target), Prabhat Capital (Acquirer), Navigant Corporate Advisors (Manager).