Esaar India sets Rights Issue terms; 44:15 ratio at face value

Rights Steep DiscountCorporate Actions View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

Board committee approved a Rights Issue of up to Rs. 5996.47 Lakhs, issuing 5,99,64,667 equity shares at Rs. 10 per share (face value, no premium). 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 share count rises from about 2.04 crore to 8.04 crore on full subscription.

Likely market impact

Dilutive rights issue at face value with aggressive 44:15 ratio; existing shareholders face heavy equity dilution. Record date Aug 25, 2026.