Open Offer Draft Letter filed for Oscar Global at Rs 10 per share

Draft Letter of Offer filed with BSE for open offer to Oscar Global shareholders. JBCG Advisory Services and two PACs offer to buy up to 18.53 lakh shares, the entire 3.63 percent public holding, at Rs 10 per share in cash. Offer was triggered by share purchase and share swap agreements tied to a preferential issue giving acquirer 67.64 percent and public category allottees 25.89 percent. Target firm has shut its leather garment business, sold plant and buildings, and reports no revenue. Offer opens Nov 18 and closes Dec 2, 2026.