Oscar Global Ltd — Important, 04-04-2026: Company Update

Oscar Global's board has undergone a significant overhaul. Five new additional directors were appointed, including Mr. Gopal Bhatter, Ms. Sonia Bhatter, and Ms. Monika Bhatter, alongside two independent directors, Mr. Radheshyam Pandey and Mr. Arvind Ganpat Desai. These appointments, for the Bhatters, are tied to a Share Purchase Agreement. Concurrently, five directors, including the Chief Financial Officer and Managing Director, resigned. The Company Secretary also changed. Additionally, the board approved re-classifying several individuals and entities, including former directors, from the 'promoter category' to 'public'. This indicates a major shift in the company's governance and ownership structure.