Oasis Securities Ltd Announces Rights Issue of Equity Shares
Oasis Securities Ltd has announced a Rights Issue for its equity shares, providing an opportunity to existing shareholders to participate in the company's capital structure. The decision was approved by the Board of Directors during a meeting held on June 12, 2026.The Board approved the issuance of 2,77,50,000 Rights Equity Shares for cash to all eligible equity shareholders. These shares are offered at an issue price of Rs. 10.00/- per equity share, aggregating a total of Rs. 27,75,00,000/-.
The details and terms associated with the Rights Issue are summarized below:
| Particulars | Details |
|---|---|
| Type of Issue | Rights issue of Equity Shares |
| Offered Equity Shares | 2,77,50,000 Equity Shares |
| Face Value per Share | Re. 1.00/- each |
| Issue Price per Share | Rs. 10.00/- each |
| Outstanding Shares (Pre-Issue) | 1,85,00,000 Equity Shares |
| Total Shares (Post-Issue) | 4,62,50,000 Equity Shares (assuming full subscription) |
Rights Entitlement and Terms
The Board confirmed the terms for the Rights Issue, which are based on the eligibility of existing shareholders. The entitlement ratio set by the company is three (3) Rights Equity Shares for every two (2) fully paid-up equity shares held by an Eligible Equity shareholder as on the specified Record Date.The purpose of the Rights Issue is to provide avenues for eligible stakeholders to acquire additional shares. The payment term specifies that the full amount of Rs. 10.00/- per equity share must be paid upon application by the eligible equity shareholders.
The Record Date, which determines the eligibility of shareholders entitled to receive the rights, has been set as Thursday, June 11, 2026. The detailed terms and procedure for the Rights Issue will subsequently be specified in a Letter of Offer that will be sent by the Company to all Eligible Equity Shareholders holding shares as on the Record Date.
Stock Price Movement
Oasis Securities Ltd settled at ₹14.70 on Friday, charting a strong gain of 4.93%. The shares moved considerably during the day, reaching an intraday low of ₹13.33 and peaking at a high of ₹14.71.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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