Oasis Securities Ltd — Important, 19-06-2026: Company Update
19-06-2026 | 02:20 pm
19-06-2026 | 02:20 pm
Oasis Securities Limited's board approved a Rights Issue of up to 2.78 Crore equity shares at Rs. 10 per share, a premium of Rs. 9, with a fixed record date of June 18, 2026. Eligible shareholders can subscribe to 3 new shares for every 2 held. The company aims to raise up to Rs. 27.75 Crore, primarily to boost its capital base by Rs. 25.00 Crore for expanding NBFC lending and trading activities, with Rs. 2.25 Crore for general corporate purposes. This move strengthens its Capital to Risk-Weighted Assets Ratio (CRAR) from 122% to an estimated 243.84%, significantly enhancing growth capacity and financial resilience. The company reported Non-Performing Assets of Rs. 1.74 Crore as of March 31, 2026.
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