Axial Capital Pvt. Ltd. ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to Public Announcement dated September 30, 2025 for the attention of the Public Shareholders ....
Awaiting price reaction for this filing.
Axial Capital Pvt. Ltd., the manager to the open offer, has submitted a corrigendum to the public announcement dated September 30, 2025, on behalf of the acquirers Mr. Gopal Bhatter and M/s Gopal Bhatter HUF. The open offer is for acquisition of up to 8,58,000 equity shares (26% of the equity capital) of Oscar Global Limited from public shareholders under SEBI (SAST) Regulations, 2011. The corrigendum revises the pre-transaction shareholding of selling shareholders from 6,94,000 shares to 14,46,703 shares (43.84% of equity capital), with selling shareholders including Mr. Satish Kumar Verma, Mr. Karan Kanika Verma, Mr. Pawan Chadha, Kanika Audio Visuals Pvt. Ltd., and Akanksha Viniyog Ltd., all part of the existing promoter group. Post-transaction, all these selling shareholders will hold Nil shares, indicating a complete exit of the existing promoter group. Total equity base stands at 33,00,000 shares (32,83,600 fully paid + 16,400 partly paid).
Public shareholders of Oscar Global should review the revised offer details carefully. The corrigendum signals a complete change in the promoter group of the company, with new acquirers (Gopal Bhatter and his HUF) taking control. Investors should await the final letter of offer with pricing details and timeline before making any tender decisions.