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Open Offer30 Sept 2026, 02:30 pm

Oscar Global: Open Offer for 3.63% Stake Triggered

AI Summary

Bonanza Portfolio Limited, acting as the Manager to the Offer, has submitted a Detailed Public Statement to BSE regarding an open offer for Oscar Global Limited. The offer is triggered by JBCG Advisory Services Private Limited (Acquirer) along with Persons Acting in Concert (PACs) to acquire up to 18,53,096 equity shares, representing 3.63% of the emerging equity and voting share capital of Oscar Global Limited. This acquisition follows the execution of a Share Purchase Agreement and a Share Swap and Subscription Agreement. The Detailed Public Statement was published on September 30, 2026, in various newspapers.

Key Highlights

  • Open offer triggered for Oscar Global Limited shares.
  • Acquisition aims for 3.63% of emerging equity and voting share capital.
  • Bonanza Portfolio appointed as Manager to the Offer.
  • Detailed Public Statement submitted to BSE.
  • Acquirer is JBCG Advisory Services Private Limited.