StockWatch
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Non Banking Financial Company (NBFC)
Rights Issue12 Jun 2026, 05:31 pm

Oasis Securities Approves ₹27.75 Cr Rights Issue

AI Summary

Oasis Securities Limited's Board of Directors has approved a Rights Issue of 2,77,50,000 equity shares at ₹10.00 each, aggregating ₹27.75 crore. The issue will be offered to eligible shareholders on a 3:2 basis (3 shares for every 2 held) as of the record date, June 19, 2026. The full amount is payable on application. This move aims to raise capital through existing shareholders.

Key Highlights

  • Board approves Rights Issue of 2.77 Cr shares at ₹10 each.
  • Total issue size amounts to ₹27.75 crore.
  • Entitlement ratio is 3 rights shares for every 2 shares held.
  • Record date set for June 19, 2026.
  • Full payment due on application.