BSEOscar Global LtdMediumNegative
Announced Wed, 1 Apr · 17:42 IST
Board approves additional Rs. 35 lakh loan to Durgesh Merchant Limited
Credit & Debt View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Oscar Global Limited's Board, at its meeting on 1st April 2026, approved an additional unsecured loan of Rs. 35 lakhs to Durgesh Merchant Limited at 9% per annum interest, taking the total loan to Rs. 160 lakhs (Rs. 125 lakhs existing + Rs. 35 lakhs new). The loan is payable on demand, and the borrower is not a related party. No shareholding or special rights involved.
Likely market impact
Minor incremental loan to unrelated party; small scale and unlikely to materially impact shareholders or stock price.