Bhattar Group Boosts Oscar Global Stake, Nearing Control

Gopal Bhattar and Gopal Bhatter HUF have significantly increased their ownership in Oscar Global Limited, acquiring 1,032,591 shares. This purchase, made between March 25 and March 30, 2026, raises their total holding to 43.84%, a substantial jump from their previous 12.54%. This move marks a major shift in control for the textile and chemical manufacturer.

With a stake nearing 44%, the Bhattar group now holds considerable influence over Oscar Global's strategic decisions and future direction. Such a significant accumulation of shares may signal changes in corporate governance or operational focus, which minority shareholders will observe closely. The acquisition is subject to SEBI's substantial acquisition regulations.

Oscar Global operates in the textile and chemical sectors. Its peers include textile manufacturers like Indocount Industries Ltd. and Welspun India Ltd., the diversified Raymond Ltd., and Shubham Polyspin Ltd., which specializes in polyester spun yarn. As of March 2026, Oscar Global's total equity share capital stood at ₹3.30 crore, representing 3,300,000 shares.

Investors will be monitoring official filings for confirmation of compliance with SEBI substantial acquisition rules. Future developments to watch include potential announcements on Oscar Global's board composition or strategic initiatives, as well as any further communication from the Bhattar group regarding their long-term plans for the company.