Results - Financial Results for the quarter ended June 30, 2025
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The Board of Oasis Securities Ltd, at its meeting on July 28, 2025, approved the standalone unaudited financial results for the quarter ended June 30, 2025 (Q1 FY26). The Limited Review Report by Rajvanshi & Associates was clean, with no qualifications or adverse observations. Notably, the 38th Annual General Meeting, originally convened the same day, had to be adjourned before transacting any business because it was held physically at a venue outside the city of the registered office, violating Section 96(2) of the Companies Act, 2013. The adjourned AGM will now be held on September 1, 2025 via video conferencing, with e-voting from August 29–31, 2025, and share transfer books closed from August 26 to September 1, 2025.
For shareholders, the Q1 results and clean auditor review are neutral-to-positive. However, the AGM adjournment due to a legal/procedural non-compliance is a minor governance red flag, though the company is acting swiftly to rectify it by reconvening the AGM in proper virtual mode. The book closure window is relevant for investors tracking cut-off date of August 25, 2025 for voting eligibility.