Appointment of Chief Financial Officer of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Esaar (India) Ltd's Board of Directors has appointed Mr. Dipesh B. Mistri as the Chief Financial Officer and Key Managerial Personnel of the company, effective June 10, 2026. He brings over 10 years of experience in finance, accounts, taxation, corporate law, and regulatory compliance. In the same board meeting, the company also approved a Rights Issue of equity shares worth up to ₹6,000 lakhs (₹60 crore), to be issued to existing eligible shareholders. A Rights Issue Committee has been formed with three members to oversee the process, and the Draft Letter of Offer has been approved for filing with SEBI and stock exchanges.
Shareholders will need to watch for the upcoming Rights Issue, which could dilute existing holdings but also raise fresh capital for the company. The new CFO appointment signals continuity in financial leadership ahead of this capital-raising activity.