Announced Mon, 13 Jul · 16:57 IST
Rights Issue Committee approves allotment of 2.77 crore shares
Corporate Actions View source PDF
Price
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Price reaction · full curve 14 horizons · vs prior close
-6.3%1-day move
₹12.63
prior close
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base price
After-mkt
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AI summary
Oasis Securities Rights Issue Committee approved allotment of 2,77,50,000 fully paid-up equity shares (face value Re. 1) on a rights basis at Rs. 10 per share in a 3:2 ratio. Record date was 18th June 2026 as per the Letter of Offer. Post-allotment paid-up equity capital rises to 4,62,50,000 shares worth Rs. 4.625 crore. Lapsed rights entitlements have been extinguished and the rights ISIN deactivated.
Likely market impact
Share count expands from 1.85 crore to 4.625 crore. Shareholders who skipped rights lost those entitlements, diluting their stake further.