Oasis Securities accepts resignation of Independent Director Manish Bihani

Oasis Securities Ltd accepted the resignation of Manish Bihani as an Independent Director effective July 01, 2026, due to personal reasons and unavoidable circumstances. The resignation was submitted via a letter dated July 01, 2026, and takes effect immediately. This disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that Bihani provided a detailed statement confirming there are no material reasons for his resignation other than those cited in his letter. The requisite disclosures, including the resignation letter and the director's profile details, were submitted to the exchange as per the SEBI master circular dated January 30, 2026.

Details of Resignation

The following table outlines the key particulars of the director's cessation:

Particulars	Details
Name of Director	Mr. Manish Bihani
DIN	03466971
Designation	Independent Director (Non-Executive)
Date of Resignation	July 01, 2026
Reason	Personal reasons and unavoidable circumstances

Other Directorships

At the time of resignation, Manish Bihani held a directorship in Mayur Leather Products Limited as a Non-Executive Independent Director. The disclosure confirmed that he did not hold any memberships on board committees of the listed entities mentioned. The company has requested the exchange to take the resignation on record.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.02%	+2.85%	+10.02%	-9.66%	-34.66%	+815.22%

Oasis Securities Ltd has opened its Rights Issue of 2,77,50,000 equity shares, aggregating to ₹27.75 crore, on June 29, 2026. The issue, priced at ₹10 per equity share, is being offered to existing shareholders in a ratio of 3 Rights Equity Shares for every 2 fully paid-up equity shares held as on the record date of June 18, 2026. The issue is scheduled to close on July 10, 2026, with the last date for on-market renunciation set as July 6, 2026.

The Board of Directors approved the issue materials and schedule in a meeting held on June 18, 2026. The issue involves equity shares of face value Re. 1.00 each, with the full amount payable on application. Assuming full subscription, the total outstanding equity shares post the Rights Issue will increase to 4,62,50,000 shares.

Rights Issue Schedule

The Board approved the following timeline for the Rights Issue:

Particulars	Date
Issue Opening day and date	Monday, June 29, 2026
Last date for On Market Renunciation of the Rights Entitlements	Monday, July 6, 2026
Issue closing day and date	Friday, July 10, 2026
Date of Allotment	Monday, July 13, 2026
Date of Credit of Rights Equity Shares	Tuesday, July 14, 2026
Date of Listing	Wednesday, July 15, 2026

Rights Issue Terms

The specific terms approved by the Board are detailed below:

Particulars	Details
Equity shares offered	2,77,50,000 Equity Shares
Face value per equity share	Re. 1.00 each
Issue price per equity share	Rs 10.00 each
Rights entitlement ratio	3 Rights Equity Shares for every 2 fully paid-up equity shares held
Outstanding shares (pre-issue)	1,85,00,000 Equity Shares
Outstanding shares (post-issue)	4,62,50,000 Equity Shares
Terms of Payment	Full amount of Rs 10.00 per equity share payable on application

The Rights Entitlements of eligible equity shareholders as on the record date shall be credited to their respective demat accounts prior to the issue opening date under the ISIN INE876A20015. M/s. Cameo Corporate Services Limited has been appointed as the Registrar to the Issue. The Board retains the right to extend the issue period, provided it does not exceed 30 days from the Issue Opening Date.