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 (Person Acting in Concert) have acquired 414,112 equity shares representing 12.54% of Oscar Global Limited through an off-market transaction under a Share Purchase Agreement and Open Offer. The acquisition occurred in two tranches on March 25, 2026 (288,150 shares) and March 27, 2026 (80,692 shares by Gopal Bhatter and 45,000 shares by Gopal Bhatter HUF). Prior to this acquisition, the acquirers held zero shares. After the acquisition, their combined holding stands at 12.54% of the total share capital of 3,300,000 equity shares. The acquirers have explicitly stated they do not belong to the Promoter/Promoter group.
This is a significant acquisition by a non-promoter entity crossing the 10% threshold, which could indicate a change in control or strategic interest in the company. The open offer component suggests a mandatory offer under SAST regulations may have been triggered.