Board overhaul after change of control; MD, CFO, multiple directors resign

Ceo ResignedCfo ResignedMultiple Ind Directors ResignedPromoter Family Board EntryKmp ResignedManagement Changes View source PDF

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Oscar Global's board was overhauled on April 4, 2026 after change of control via SPA (Sept 30, 2025). Acquirer Gopal Bhatter, his wife Sonia, sister Monika appointed as Additional Directors, plus two new Independent Directors. Six resigned: MD Karan Kanika Verma, CFO Pawan Chadha, CS Nitasha Sinha, independent directors Nishu and Sanjeev Rathore, director Monam Kapoor. Old promoters reclassified to public. Neelam Saboo named new CS.

Likely market impact

Complete board change after acquirer took control. Stock may see volatility as new management takes charge; old promoters moved to public.