Esaar India Limited has announced a significant change in its shareholding structure. Promoter Dheeraj Shah has completely divested his stake in the company through an off-market transaction.

Key Details of the Transaction

Impact on Company Structure

The sale marks a complete exit for Dheeraj Shah from Esaar India Limited's shareholding. This move could potentially signal a shift in the company's ownership structure and might lead to changes in management strategies or corporate governance.

Company Overview

Esaar India Limited has a total equity capital comprising 2,04,42,500 shares. The recent transaction involves a significant portion of this capital, potentially impacting the company's shareholding pattern and investor relations.

Regulatory Compliance

The transaction was executed in accordance with a Share Purchase Agreement dated February 14, 2025. Such off-market transactions are subject to regulatory scrutiny and must comply with SEBI regulations, particularly those concerning substantial acquisition of shares and takeovers.

Investors and market watchers will likely keep a close eye on any subsequent disclosures or changes in the company's management structure following this significant shareholding change.

Esaar (India) Limited has experienced a significant change in its ownership structure as Prabhat Capital Investments Limited acquired a substantial stake in the company through an off-market purchase.

Acquisition Details

Prabhat Capital Investments Limited acquired 6,34,688 shares (3.10%) of Esaar India Limited through an off-market purchase agreement dated February 14, 2025. The transaction was completed on December 8, 2025.

Shareholding Impact

As a result of this acquisition:

• Prabhat Capital's total shareholding in Esaar India increased from 1.08% to 4.19%
• This represents 8,56,236 shares out of the company's total equity capital of 2,04,42,500 shares

Shareholding Details

Market Implications

This off-market purchase signifies a strategic move by Prabhat Capital Investments Limited to increase its stake in Esaar India. The transaction has reshaped the company's ownership structure.

Conclusion

The acquisition marks a notable development for both Prabhat Capital Investments and Esaar India. Shareholders and market observers may monitor any potential changes in Esaar's operations or direction following this significant increase in Prabhat Capital's shareholding.