Key Quantitative Figures
The company has received approval for trading of 2,77,50,000 (2.77 crore) fully paid-up equity shares issued on a rights basis. The shares have a face value of ₹1 each and were issued at a premium of ₹9 per share, resulting in an issue price of ₹10 per share. The shares bear distinctive numbers 18500001 to 46250000.
Dates of Action
The company applied for trading approval on 13th April, 2026. BSE granted trading approval effective from Thursday, July 16, 2026. The approval letter from BSE is dated July 15, 2026.
Parties Involved
- Oasis Securities Limited (issuer company)
- BSE Limited (approving exchange)
- Rajesh Kumar Sodhani, Managing Director (DIN: 02516856)
- Janardhan Wagle, Deputy Vice President at BSE
Capital Structure Impact
The rights issue adds 2,77,50,000 new equity shares to the company's capital structure, representing significant dilution to existing shareholders. The issue was conducted on a rights basis, meaning existing shareholders were given preferential rights to subscribe to these new shares.
Additional Information
The BSE approval letter is described as a system-generated document that does not require physical signature. The company has registered office in Mumbai and branch office in Jaipur. The trading approval notice has been published on BSE's website for trading members' information.