Axial Capital Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of newspaper publication of recommendation of committee of independent directors in terms of Regulation 26(6) ....
Awaiting price reaction for this filing.
Oscar Global Ltd (BSE Code: 530173) has submitted to BSE copies of newspaper advertisements containing the recommendation of its committee of independent directors in connection with an open offer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The open offer is by Gopal Bhatter (Acquirer 1) and M/s Gopal Bhatter HUF (Acquirer 2) to acquire up to 8,58,000 equity shares of Rs. 10 each, representing a tender to existing public shareholders. The advertisements were published on 27th December 2025 in Financial Express (English, all editions), Jansatta (Hindi, all editions), and Mumbai Lakshadeep (Marathi, Mumbai edition). The filing was made by Axial Capital Pvt Ltd, the Manager to the Offer, certifying that the soft copies match the hard copies of the published advertisements.
This is a procedural regulatory disclosure under SEBI takeover rules and does not by itself change the company's fundamentals. Shareholders of Oscar Global Ltd should review the independent directors' recommendation published in the newspapers before deciding whether to tender their shares in the open offer.