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Oasis Securities approved a Rs. 27.75 Crore rights issue at Rs. 10 per share. The 3:2 ratio will strengthen the company's equity base.
Oasis Securities Ltd received in-principle approval from BSE for its proposed Rights Issue of equity shares. This regulatory milestone allows the company to proceed with the capital raise.
Oasis Securities Ltd has submitted a Draft Letter of Offer for a proposed Rights Issue to raise up to ₹30 Crore. The funds are intended to augment the company's capital base and meet funding requirements for its NBFC operations. This issuance aims to strengthen the company's financial position and increase operational scale.