Oasis Securities Ltd Approves Director Appointment and Details Annual General Meeting Timeline
Oasis Securities Limited has made several key corporate decisions, including the appointment of a new Non-Executive Independent Director and setting out the schedule for its upcoming 39th Annual General Meeting (AGM). The company also released unaudited financial results for the quarter ending June 30, 2026.The Board of Directors meeting held on Friday, August 07, 2026, considered and approved various agendas, including the Standalone Unaudited Financial Results for the Quarter ended on June 30, 2026, and the company's Board's Report for the financial year ending March 31, 2026.
Director Appointment Details
A significant governance approval was the regularization of Mr. Tushar Agrawal (DIN: 10932962) as a Non-Executive Independent Director of the company. This appointment is subject to shareholder approval and will be effective from May 11, 2026. The term of appointment for Mr. Agrawal is five consecutive years, running from May 11, 2026, to May 10, 2031.Mr. Tushar Agrawal is profiled as a qualified Chartered Accountant with over ten years of experience across finance, taxation, audit, and corporate advisory. His expertise includes handling corporate finance, compliance management, cross-border transactions, and advising on financial planning and risk management practices. The records confirm that he has no inter-se relationship with any other Director of the Company, nor does he have details of resignation from listed companies in the past three years.
Shareholder Meeting and Voting Schedule
The 39th Annual General Meeting (AGM) is scheduled to be held on Tuesday, September 01, 2026, at 4:00 P.M. (IST). The meeting will be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM).The company has set specific timelines for the shareholder process:
- Book Closure: The Register of Members and Share Transfer Books shall remain closed from August 26, 2026, to September 01, 2026.
- Cut-Off Date: Eligibility for voting, including e-voting, is determined as of Tuesday, August 25, 2026.
- E-Voting Period: Remote e-voting will commence on Saturday, August 29, 2026 (9:00 A.M. IST) and conclude on Monday, August 31, 2026 (5:00 P.M. IST).
Financial Performance Snapshot
The company operates as an NBFC engaging in a single segment of activities. The Board reviewed the unaudited financial results for the quarter ending June 30, 2026.The comparison of key financial metrics across different periods is provided below:
| Particulars | Year Ended 30/06/2026 (Unaudited) | Quarter Ended 31/03/2026 (Audited) | Quarter Ended 30/06/2026 (Unaudited) | Quarter Ended 31/03/2026 (Audited) |
|---|---|---|---|---|
| Income | ||||
| Interest Income | 43.92 | 47.37 | 46.13 | 74.63 |
| Dividend Income | 0.57 | 0.00 | 0.00 | 0.70 |
| Fees and Commission Income | 1.87 | 0.04 | 4.49 | 11.75 |
| Net Gain on Fair Value Changes | 62.82 | (28.85) | 40.47 | 24.34 |
| Total Revenue from Operations | 109.18 | 18.55 | 91.10 | 213.18 |
| Other Income | 0.35 | 0.30 | - | 17.58 |
| Total Revenue (a+b) | 109.54 | 18.85 | 91.10 | 230.15 |
| Expenses | ||||
| Finance Costs | 0.02 | 0.03 | 0.08 | 0.20 |
| Impairment on Financial Instrument | 15.82 | 38.71 | 0.36 | 44.77 |
| Employee Benefits Expense | 6.91 | 8.92 | 5.89 | 29.62 |
| Other Expenses | 24.03 | 15.88 | 7.62 | 34.97 |
| Total Expenses | 46.78 | 63.54 | 13.96 | 109.50 |
| Profit/(Loss) Before Exceptional Items and Tax (1-2) | 62.75 | (44.70) | 77.14 | 121.25 |
| Tax Expense | ||||
| Current Tax | 3.79 | (4.02) | 9.89 | 36.48 |
| Definite Tax | 11.62 | 37.54 | 0.81 | (16.63) |
| Profit/(Loss) for the Period | 47.35 | (58.22) | 66.14 | 101.70 |
| Earnings Per Share (Basic) | 0.26 | (0.31) | 0.36 | 0.55 |
Stock Price Movement
Oasis Securities Ltd is ticking up as of 13:22, with shares currently trading at ₹12.40, which reflects a 2.56% rise. The stock has seen intraday volatility, moving between a low of ₹11.79 and a high of ₹13.25.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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