The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Pawan Chadha & Others
Awaiting price reaction for this filing.
Three promoter group members of Oscar Global Ltd — Pawan Chadha (8.73%), Satish Kumar Verma (2.45%), and Karan Kanika Verma (1.36%) — together holding 4,14,112 shares (12.54%) have sold their entire stake via an off-market Share Purchase Agreement dated 30/09/2025, linked to an Open Offer dated 25/03/2026 and 27/03/2026. After the transaction, these three individuals hold zero shares, while the remaining promoter group entities — Kanika Audio Visuals Pvt Ltd (6.25%) and Akanksha Viniyog Ltd (25.05%) — continue to hold 10,32,591 shares (31.30%). The total promoter group holding has reduced from 43.84% to 31.30%, a drop of 12.54 percentage points. The company's total equity share capital remains unchanged at 33,00,000 shares of Rs. 10 each.
Existing retail shareholders should note a significant reshuffling within the promoter group, with the combined promoter stake falling below one-third. The off-market nature and link to an Open Offer suggest a potential change in control or further acquisition activity, which could affect stock price volatility and minority shareholder options.