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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Oasis Securities Ltd's board, at a meeting held on 11th April 2025, approved raising funds of up to ₹49 crore through a Rights Issue of equity shares with a face value of ₹10 each. The shares will be offered to existing eligible equity shareholders as on a record date, which is yet to be notified. A dedicated Rights Issue Committee has been constituted — comprising Mr. Rajesh Kumar Sodhani (MD, Chairman), Mr. Devi Dutt Agarwal (Whole Time Director & CFO), and Mrs. Priya Sodhani (Director) — to finalise the issue price, entitlement ratio, record date, and appoint intermediaries. The detailed terms will be disclosed in the letter of offer to eligible shareholders in due course.
The Rights Issue could lead to dilution for shareholders who do not participate, but existing investors get first-right opportunity to maintain their stake. The stock may see short-term price adjustment once the issue price and entitlement ratio are announced; the purpose of fund use has not been specified, which investors should watch for.