
Rights Issue10 April 2026 at 07:20 am
Oasis Securities to raise ₹30 Cr via Rights Issue; Appoints new CFO
AI Summary
Oasis Securities Ltd's Board of Directors, in a meeting held on April 10, 2026, approved raising funds up to ₹30.00 crores through a rights issue of equity shares. The detailed terms, including issue price, rights entitlement ratio, and record date, will be determined and disclosed later by a newly constituted Rights Issue Committee. Concurrently, the Board appointed Mr. Surendra Kumar Joshi as the new Chief Financial Officer, effective April 10, 2026. This appointment follows the cessation of Mr. Devi Dutt Agarwal from the CFO position on March 23, 2026. The equity shares for the rights issue will have a face value of Re. 1.00/-.
Key Highlights
- Board approved raising up to ₹30 crore via rights issue.
- Mr. Surendra Kumar Joshi appointed as new CFO effective April 10, 2026.
- Details of rights issue (price, ratio, record date) to be decided later.
- Previous CFO, Mr. Devi Dutt Agarwal, ceased duties on March 23, 2026.
- Rights issue shares will have a face value of Re. 1.00/-.