Oasis Securities has completed its rights issue, allotting 2.77 crore shares at ₹10 per share. This capital raise will increase its total equity base.
Oasis Securities Finalizes Rights Issue Allotment
Oasis Securities has allotted 2,77,50,000 fully paid-up equity shares at ₹10 per share. The rights issue was offered in a 3:2 ratio, with eligible shareholders receiving 3 shares for every 2 held.
Reader Takeaway: Capital raised successfully; shareholding structure finalized post-rights issue.
What just happened
The Rights Issue Committee of Oasis Securities Ltd has concluded its rights issue by allotting 2,77,50,000 equity shares. Each share was issued at a price of ₹10.00. The allotment ratio was 3:2, meaning for every two shares held by eligible shareholders on the record date (18th June, 2026), they were entitled to apply for three new shares.
Why this matters
This allotment marks the successful completion of the company's capital-raising initiative. It finalizes the company's equity structure and strengthens its financial base. The process also includes extinguishing lapsed rights entitlements and deactivating the related ISIN (INE876A20015), a standard procedure.
The backstory
Oasis Securities had announced its intention to raise capital through a rights issue. The record date for determining eligible shareholders was 18th June, 2026. The issue aimed to expand the company's share capital.
What changes now
Post-allotment, Oasis Securities' paid-up equity share capital has increased to 4,62,50,000 shares. The total face value of the company's equity capital now stands at ₹4.625 crore (₹462.5 lakh). This capital infusion is expected to support the company's growth.
Risks to watch
While the capital raise is complete, investors should monitor how the newly infused capital is utilized by the company to ensure it translates into future growth and profitability.
Peer comparison
(No verified peer comparison data available from the filing.)
Context metrics (time-bound)
The rights issue allotment occurred following the record date of 18th June, 2026. The issue price was fixed at ₹10.00 per share for 2,77,50,000 shares.