Oscar Global Expands Credit to Durgesh Merchant

Oscar Global Limited is expanding its credit offerings with a new unsecured loan of ₹0.35 crore.
This new loan brings the total credit facility extended to Durgesh Merchant Limited to ₹1.60 crore.

Loan Details and Approval

Oscar Global Limited's Board of Directors approved the additional unsecured loan of ₹0.35 crore (₹35 lakh) to Durgesh Merchant Limited during a meeting on April 1, 2026.
This brings the total loan facility to ₹1.60 crore, up from the previous ₹1.25 crore.
The loan is unsecured and carries an annual interest rate of 9%.

Business Impact

This move expands Oscar Global Limited's credit exposure to another financial company.
The increased loan capital will boost Oscar Global's receivables, affecting its liquidity management and balance sheet.

Company Background

Oscar Global Limited, founded in 1990 and formerly involved in leather and textile exports, now operates mainly as an Investment Holding Company in the financial sector, focusing on activities like lending.
Durgesh Merchant Limited is a Non-Deposit Accepting Non-Banking Financial Company (NBFC) providing financial services and credit. It has been registered with the RBI since 2002.
Oscar Global has also seen recent corporate activity, including promoter stake adjustments and an upcoming Open Offer related to its shareholding.

Key Changes

Oscar Global Limited is increasing its exposure to financial services through this lending. Its asset base will grow with additional receivables, and liquidity management will become a more significant consideration due to the increased credit outflow.

Potential Risks

The main risk involves the potential impact on Oscar Global's liquidity from increased credit exposure and receivables. Durgesh Merchant Limited's performance and repayment ability are also critical factors.

Market Context

Oscar Global operates in the financial and investment holding sector, a space occupied by major diversified NBFCs like Bajaj Finance, Shriram Finance, and Cholamandalam Investment. These firms operate with large market capitalizations and diverse offerings in a competitive regulatory environment. Specific loan transactions like this one are typically company-specific.

Financial Metrics

Oscar Global Limited reported revenue of ₹15.5 Lakhs for the financial year ending March 31, 2025.
Durgesh Merchant Limited reported revenue of ₹3.27 Million for the financial year 2023.

What to Watch

• Oscar Global's future financial disclosures regarding receivables and liquidity.
• Any new announcements on loan terms or Durgesh Merchant's financial health.
• Oscar Global's continued strategic direction as an investment holding company.
• Developments in Oscar Global's promoter stake adjustments and open offer.