Announced Tue, 8 Sept, 2026 · 01:35 IST

Oscar Global FY26 annual report filed; 35th AGM on Sep 30 with board overhaul and capital hike

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AI summary

Submitted 35th annual report for FY 2025-26 and AGM notice for Sep 30 via video conferencing. Key items: appoint M/s Joshi Gadgil & Co as new statutory auditor for 5 years and regularise 5 new directors. Five directors including Chairman and CFO resigned April 6, 2026; replaced by Gopal Bhatter as new WTD and CFO, Sonia and Monika Bhatter, and 2 independents. Also proposes 15x hike in authorised share capital from Rs 4 crore to Rs 60 crore, hinting at fundraising.

Likely market impact

Massive board churn and 15x jump in authorised share capital suggest future fundraising. New auditor appointment also needs shareholder nod.