Rights Issue13 Jul 2026, 05:00 pm
Oasis Securities Approves Rights Issue Allotment of 2.77 Cr Shares
AI Summary
Oasis Securities Ltd announced the allotment of 2,77,50,000 fully paid-up equity shares on a rights basis. The issue ratio was 3:2 at a price of Rs. 10.00 per share. This allotment follows the Letter of Offer dated June 18, 2026, and the Basis of Allotment approved by BSE. The company also reported the extinguishment of lapsed rights entitlements. Post-allotment, the paid-up equity share capital will increase to 4,62,50,000 shares.
Key Highlights
- Rights issue of 2.77 crore shares approved.
- Allotment price set at Rs. 10.00 per equity share.
- Rights ratio for the issue was 3:2.
- Post-allotment equity capital stands at 4.62 crore shares.
- Lapsed rights entitlements have been extinguished.
Price Impact
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