BSEOscar Global LtdHighNeutral
Announced Wed, 31 Dec · 15:14 IST

Axial Capital Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of Pre-Offer Advertisement in accordance with Regulation 18(7) of the Securities and Exchange Board of India ....

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Axial Capital Pvt Ltd, acting as the manager to the open offer, has submitted a Pre-Offer Advertisement and a Corrigendum to the Letter of Offer (LOF) to BSE for the open offer to acquire up to 8,58,000 equity shares of Oscar Global Ltd (Scrip Code 530173) from public shareholders. The acquirers are Mr. Gopal Bhatter and M/s Gopal Bhatter HUF. The pre-offer advertisement was issued on December 30, 2025 under Regulation 18(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was published in Financial Express (English, all editions), Jansatta (Hindi, all editions) and Mumbai Lakshadeep (Marathi, Mumbai edition) on December 31, 2025. This filing advances the open offer process to the next stage where public shareholders can review the offer terms.

Likely market impact

Public shareholders of Oscar Global Ltd can now review the detailed terms of the open offer and decide whether to tender their shares. The formal publication of the pre-offer advertisement typically heightens trading activity in the stock as the offer price becomes widely known.