Key Quantitative Figures
- Total shares issued: 4,77,16,400 (Four Crore Seventy-Seven Lakh Sixteen Thousand Four Hundred) equity shares
- Face value: ₹10 per share
- Issue price: ₹10 per share
- Total issue size: ₹47,71,64,000 (Rupees Forty-Seven Crore Seventy-One Lakh Sixty-Four Thousand only)
Dates of Action
- EGM Notice date: October 07, 2026
- EGM held on: Friday, October 30, 2026
- EGM timing: 11:00 A.M. to 11:25 A.M. (IST)
- Remote e-voting period: October 27, 2026, to October 29, 2026
Parties Involved
Issuer: Oscar Global Limited (Scrip Code: 530173, Scrip Id: OSCARGLO)
Allottees:
- JBCG Advisory Services Private Limited (Proposed Promoter/Acquirer): 3,45,10,000 equity shares for non-cash consideration
- Public Category investors:
- Pie Strategies LLP: 18,36,816 equity shares for cash consideration
- Mr. Alok Rajesh Nanavaty: 1,13,69,584 equity shares for cash consideration
Acquisition Target: Calculus Travel Ventures Private Limited (3,45,10,000 equity shares acquired via share swap)
Purpose and Rationale
The preferential issuance is for:
- Acquisition of 3,45,10,000 Equity Shares of Calculus Travel Ventures Private Limited through share swap transaction with JBCG Advisory Services Private Limited
- Raising cash consideration from public category investors
Voting and Approval Process
- The EGM was conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Requisite quorum was present
- Resolution approved by members with requisite majority
- Voting conducted through both remote e-voting and e-voting during the EGM
- Consolidated Scrutinizer's Report to be submitted separately within stipulated time
Financial Impact
The transaction results in:
- Total equity infusion of ₹47,71,64,000
- 3,45,10,000 shares issued for acquisition of Calculus Travel Ventures Private Limited
- 1,32,06,400 shares issued for cash consideration
- JBCG Advisory Services Private Limited becomes Proposed Promoter/Acquirer through this transaction