Essar Securities Ltd, established on December 16, 2005, operates as a publicly traded entity. Its core activities revolve around providing strategic advisory and business startup consultancy services. Through a scheme of arrangement between India Securities and itself, the investment division of India Securities Ltd was merged into Essar Securities Ltd effective February 1, 2008, with the scheme taking full effect on March 9, 2009. The company's equity shares were listed on the Bombay Stock Exchange Ltd (BSE) starting from December 30, 2009. Additionally, in August 2010, Essar Securities Ltd divested its investments, including equity shares of Essar Telecom Infrastructure Pvt Ltd, for a total consideration of Rs 49.70 crore.