Oasis Securities Ltd Announces Rights Issue with Key Dates and Schedule
Oasis Securities Ltd has announced a rights issue, following the approval of necessary materials by its Board of Directors. The company confirmed that the Letter of Offer and associated issue materials will be dispatched to Eligible Equity Shareholders on June 18, 2026.The Board meeting held on June 18, 2026, reviewed and approved the terms of the rights issue, outlining the schedule for shareholders regarding their entitlements.
Key details regarding the Rights Issue are as follows:
| Particulars | Date |
|---|---|
| Issue Opening day and date | Monday, June 29, 2026 |
| Last date for On Market Renunciation of the Rights Entitlements | Monday, July 6, 2026 |
| Issue closing day and date | Friday, July 10, 2026 |
The company provided specific information regarding the registration of the rights entitlements. The International Securities Identification Number (ISIN) allotted for the Rights Entitlement (RE) is INE876A20015. Eligible Equity Shareholders are advised that their Rights Entitlements shall be credited to their respective demat accounts prior to the Issue opening date.
M/s Cameo Corporate Services Limited has been appointed as the Registrar for the issue. The company also noted that while the Board or a designated committee reserves the right to extend the issue period, this extension must not exceed 30 days from the Issue Opening Date. Any applications will not be permitted after the Issue Closing Date of July 10, 2026.
Stock Price Movement
On Thursday's close, Oasis Securities Ltd. settled at ₹12.31, ticking up 1.65%. The shares moved within an intraday range that spanned from a low of ₹11.52 to a high of ₹12.49.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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