Esaar India fixes rights issue at Rs 10 per share, ratio 44:15

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Price reactionminutes from the announcement price · days from the prior close

-3.8%Reaction day

₹12.69

prior close

₹12.69

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.5%-4.3% vs market

Diversified Commercial Services peers, median of 72sector-0.1%-3.7% vs sector

On the reaction day the stock moved 4.3 pts less than Nifty Microcap 250 and 3.7 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.4

10m

+2.4

15m

+1.9

30m

-1.5

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.8+0.5-4.3-0.1-3.7

Next day

-0.7+0.8-1.5+0.0-0.7

+4.1+1.0+3.1+0.0+4.1

-10.5+0.6-11.1-0.3-10.1

-6.2+1.2-7.4-0.1-6.2

-2.4+0.9-3.3+0.0-2.4

-2.7+1.6-4.2-0.0-2.6

15d

-12.6+1.9-14.5-1.1-11.5

-11.0+0.8-11.8-1.3-9.7

-17.1-5.7-11.4-7.5-9.6

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UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 72Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rights Issue Committee approved a rights issue of 5,99,64,667 equity shares at Rs 10 each with no premium, aggregating up to Rs 59.96 crore. Ratio is 44 rights shares for every 15 held. Record date is August 25, 2026. Issue opens September 2 and closes September 11, 2026. Post-issue shares will rise from 2.04 crore to 8.04 crore, nearly 4 times dilution.

Likely market impact

Significant near 4x dilution for existing shareholders. Investors must hold shares by August 25 record date to receive rights entitlements.