Esaar India Ltd

Esaar India Ltd — Closure of Trading Window from October 01, 2026 till 48 hours after the declaration of Audited Financial Results for the quarter ended September 30, 2026.

Shareholder notice and AGM access

• Letter to shareholders without registered emails provides web-links to Annual Report 2025-26 and 74th AGM notice.
• AGM scheduled for 30 September 2026 at 3:00 PM IST via Video Conferencing / OAVM.
• Web-links hosted on company site for Annual Report and AGM notice using provided URLs.
• Cut-off date for email registration and KYC updates is 4 September 2026.
• Reminder to update KYC details and dematerialize physical securities per SEBI circular 2024.
• RTA: Purva Sharegistry (India) Pvt. Ltd. acts as registrar and transfer agent.

Internal Auditor Appointment

• Type of change: Appointment of Internal Auditor.
• Name/designation: M/s Rao & Shyam, Chartered Accountants (Internal Auditor).
• Effective date and term: Appointed Sept 21, 2026 for 2026-27.
• Reason: To appoint Internal Auditor for the year.
• Profile: Mumbai-based practice with ICAI registration, internal controls expertise.
• Relationships with directors: Not Applicable.
• Board/committee impact: No change disclosed.

Key disclosures

• Target Company: Esaar (India) Limited.
• Disclosing Party: Prabhat Capital Investments Limited, promoter group.
• Transaction Type: Acquisition via rights issue of equity shares.
• Pre-transaction holding: 8,46,352 shares, 4.14% of voting rights.
• Transaction details: acquired 2,83,51,258 shares (35.26%), via rights issue.
• Post-transaction holding: 29,197,610 shares, 36.31% of voting and diluted capital.
• Date of transaction: 15 September 2026.
• Share capital context: before: Rs 20,44,25,000 for 2,04,42,500 shares; after: Rs 80,40,71,670 for 8,04,07,167 shares.

Rights issue allotment

• Rights Issue opened Sep 2, 2026 and closed Sep 11, 2026.
• Rights Issue Committee approved allotment of 5,99,64,667 equity shares at Rs 10.
• Pre-allotment capital Rs 20,44,25,000 across 2,04,42,500 shares.
• Post-allotment capital Rs 80,40,71,670 across 8,04,07,167 shares.
• Allotment to eligible shareholders and/or renouncees per LOF dated 24 Aug 2026.

Financial highlights

• Revenue from operations: Rs 4,070.88 Lakhs
• Total income: Rs 4,178.61 Lakhs
• Net profit after tax: Rs 1,113.69 Lakhs
• EPS: Rs 5.45

Operations and margins

• Finance cost: Rs 972.21 Lakhs
• Depreciation: Rs 20.07 Lakhs
• Net profit margin: 27.36%

Debt and capital structure

• Borrowings: Rs 4,688.28 Lakhs
• Share capital: Rs 2,044.25 Lakhs
• Debt-to-equity: 1.19x

Taxation

• Current tax: Rs 556.17 Lakhs
• Deferred tax: Rs -108.51 Lakhs
• Net profit after tax: Rs 1,113.69 Lakhs

Regulatory capital & liquidity

• CRAR: 0.36x; Tier I CRAR: 0.36x
• Current ratio: 4.15x; LCR: -157.48%
• Total assets: Rs 11,973.26 Lakhs

Governance & notable changes

• CFO change: Mithlesh Jaiswal resigned 30 Jun 2025; Dipesh Mistri appointed 10 Jun 2026
• Independent Director Vaibhav Shastri re-appointed 23 Mar 2026
• Shivanshu Pandey appointed 23 Dec 2025; regularised 23 Mar 2026

Future capital actions

• Rights issue approved up to Rs 60 Crores on 10 Jun 2026
• Authorized capital increased to Rs 81.50 Crores

Open offer update

• Open offer for up to 53,15,050 shares at Rs 8 per share
• Completed; 8,56,854 shares tendered

CSR and compliance

• CSR expenditure: Rs 5,00,000; policy disclosed
• CSR not mandatory due to thresholds; board handles CSR

AGM details

• AGM on 30-09-2026 at 3:00 PM IST, conducted via VC/OAVM.
• Deemed venue: Shop 06, Prathamesh Avenue, Malad East, Mumbai.
• Cut-off for e-voting: 23-09-2026.
• Remote e-voting window: 27-09-2026 9 AM to 29-09-2026 5 PM.

Ordinary business

• Adoption of Audited Financial Statements for the year ending 31 March 2026.

Special resolutions

• Special resolution: loans, guarantees, or security to subsidiaries up to Rs 100 crore.
• Special resolution: investments, loans, guarantees up to Rs 1000 crore.
• Special resolution: borrowing powers up to Rs 1000 crore.

Voting results

• Voting outcomes not disclosed in the provided text.

Director changes

• Re-appointment of Bipin Dinesh Varma as Director (retiring by rotation).