Oscar Global: Open Offer for 3.60% Stake Triggered

Bonanza Portfolio Limited, acting as the Manager to the Offer, has submitted a Public Announcement regarding an Open Offer for Oscar Global Limited (OGL). The offer is triggered by JBCG Advisory Services Private Limited along with persons acting in concert, for the acquisition of up to 18,36,696 equity shares, representing 3.60% of the emerging equity and voting share capital of OGL. The offer price is ₹10.00 per equity share. While the SEBI (SAST) Regulations require an open offer size of at least 26%, the eligible public shareholding is limited to 3.60%. Preferential allottees holding 25.89% are ineligible to participate.