Oscar Global Limited has submitted a regulatory disclosure to the Bombay Stock Exchange (BSE) pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The disclosure announces that a meeting of the Board of Directors is scheduled to be held on Tuesday, September 22, 2026. The agenda for the board meeting includes:
- Consideration and evaluation of a proposal for raising funds through the issuance of one or more instruments, including equity shares. The potential methods mentioned are preferential issue, private placement, or any other permissible mode(s), in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws. This is subject to necessary approvals including shareholder approval and other statutory/regulatory approvals as required.
- Evaluation and discussion of possible business acquisition opportunities.
- Consideration of convening a General Meeting of the company's members to seek their approval for the aforementioned fund-raising proposal.
- Any other business with the permission of the majority of board members.
Pursuant to the Company's Code of Conduct framed under Schedule B read with Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the 'Trading Window' for dealing in the company's securities has been closed for Designated Persons and their immediate relatives. The closure period is from Friday, September 18, 2026, until 48 hours after the declaration of the outcome of the Board Meeting to the Bombay Stock Exchange.
The disclosure was signed by Gopal Bhattar, Whole Time Director & CFO (DIN: 0746530).
Financial Impact
Financial impact not quantified in the disclosure. The outcomes are subject to board approval and subsequent shareholder and regulatory approvals.