Oasis Securities Submits Draft Letter of Offer for ₹30 Cr Rights Issue

Oasis Securities Ltd has submitted the Draft Letter of Offer for its proposed Rights Issue to BSE Limited, with the document also uploaded on the company's website. The Rights Issue aims to raise up to ₹30.00 crores through the issuance of fully paid-up equity shares of face value Re. 1.00 each. The specific issue price and rights ratio are yet to be finalized. Oasis Securities, an RBI-registered Non-Banking Financial Company (NBFC), was originally incorporated in 1986 and acquired by its current promoters in May 2024. The company has received 'in-principle' approval from BSE for the Rights Issue, indicating progress towards the capital raise.