Board Meeting22 May 2026, 03:53 pm
Oscar Global to Consider Acquisition & ₹110 Cr Capital Increase
AI Summary
Oscar Global Ltd has scheduled a board meeting on May 29, 2026, to evaluate an acquisition opportunity, increase authorized share capital from ₹3.3 Cr to ₹110 Cr, alter the Memorandum and Articles of Association, consider fund raising up to ₹2.45 Cr, and approve opening a new bank account. The trading window will be closed for designated persons from May 29, 2026, until 48 hours after the meeting.
Key Highlights
- Board to evaluate acquisition opportunities and consider related resolutions.
- Company to consider increasing authorized share capital to ₹110 Cr.
- Board to discuss alteration of Memorandum and Articles of Association.
- Proposal for fund raising up to ₹2.45 Crores via equity or convertible securities to be evaluated.
- Opening of a new bank account and authorization of signatories to be considered.
Price Impact
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