The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gopal Bhatter & Gopal Bhatter HUF
Awaiting price reaction for this filing.
Gopal Bhatter and Gopal Bhatter HUF (Persons Acting in Concert) acquired 1,032,591 equity shares (31.30%) of Oscar Global Ltd through off-market transactions between 25th–30th March 2026. Prior to this, they held 414,112 shares (12.54%). After the acquisition, their combined holding stands at 1,446,703 shares (43.84%) of the company's total equity capital of 33,000,000 shares. The acquirers have stated they do not belong to the Promoter/Promoter group. The transaction is classified as an off-market share purchase agreement.
Gopal Bhatter and HUF have nearly doubled their stake and now hold just under 44%, approaching the 30% threshold that would trigger a mandatory open offer under SEBI SAST regulations. The steep accumulation in a short period may attract regulatory scrutiny and signal intent to gain significant influence or control.