Oseaspre Consultants Limited disclosed the outcomes of its Board of Directors meeting held on Friday, 18th September, 2026, which commenced at 3:30 PM and concluded at 4:15 PM. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Decisions Approved by the Board:
1. Preferential Issue of Equity Shares:
- The Board approved, subject to shareholder approval, the issuance of up to 5,00,000 (Five Lakh) Equity Shares.
- Each share has a face value of ₹10 (Rupees Ten only).
- The issue price is set at ₹48 (Rupees Forty-Eight Only) per share.
- The issue will be made on a preferential basis to persons other than promoters and promoter group.
- The total potential fundraise is ₹2.4 crore.
- The issuance will be conducted in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and the provisions of the Companies Act, 2013 and its rules.
2. Increase in Authorized Share Capital:
- The Board approved an increase in the company's authorized share capital, subject to shareholder approval.
- The current authorized capital is ₹20,00,000 (Rupees Twenty Lakhs only), divided into 2,00,000 (Two Lakhs) Equity Shares of ₹10 each.
- The proposed new authorized capital is ₹70,00,000 (Rupees Seventy Lakhs Only), divided into 7,00,000 (Seven Lakh) Equity Shares of ₹10 each.
3. Extraordinary General Meeting (EGM):
- The Board approved the notice for an Extraordinary General Meeting (EGM) to be held on Friday, 30th October 2026.
- The purpose of the EGM is to seek shareholder approval for the preferential issue and the increase in authorized share capital.
4. Appointment of Scrutinizer:
- The Board approved the appointment of CS Nuren Nirmal Lodaya, a Practicing Company Secretary, as the Scrutinizer for the EGM.
- The Scrutinizer's role is to scrutinize the e-voting and remote e-voting process in a fair and transparent manner.
Details of Preferential Allottees (Annexure I):
The preferential issue is intended for the following allottees, all classified as Non-Promoter Public shareholders, with their proposed allotment and post-issue holding detailed below (assuming full subscription):
- Nimesh Sahadeo Singh: Allotted 3,25,000 shares; Post-issue holding will be 3,25,000 shares (from 0).
- Jaya Prem Rajdev: Allotted 31,000 shares; Post-issue holding will be 31,000 shares (from 0).
- Pramesh Wealth Private Limited: Allotted 30,000 shares; Post-issue holding will be 30,000 shares (from 0).
- Modi Jaymin Piyushbhai: Allotted 30,000 shares; Post-issue holding will be 30,000 shares (from 0).
- Vanita Pravin Patel: Allotted 28,000 shares; Post-issue holding will be 28,000 shares (from 0).
- Mittal Nilesh Sangani: Allotted 28,000 shares; Post-issue holding will be 28,000 shares (from 0).
- Neha Manish Shanghvi: Allotted 28,000 shares; Post-issue holding will be 28,000 shares (from 0).
The disclosure was signed by Sourabh Kothari (Membership Number: ACS-48994), Company Secretary & Compliance Officer, and is in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.