The Exchange and Investors are hereby informed that Mr.Karan Kanika Verma has ceased to be Managing Director of the Company with effect from closure of business hours of April 30,2026 upon ....
Awaiting price reaction for this filing.
Mr. Karan Kanika Verma has ceased to be Managing Director of Oscar Global Ltd with effect from closure of business hours of April 30, 2026. The executive had tendered resignation on April 4, 2026, effective April 10, 2026. However, the Board accepted his request and extended his tenure by 20 more days until April 30, 2026, in the interest of the company, which has now concluded. The cessation is stated to be due to completion of extended tenure and the outgoing director is not related to any existing board members.
The departure of the Managing Director creates a leadership vacuum at the top executive level. Investors should monitor for the appointment of a successor Managing Director, as this could impact company operations and strategy execution in the near term.