Oasis Securities opens ₹27.75 crore Rights Issue on June 29

2 min read     Updated on 24 Jun 2026, 12:41 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Oasis Securities Ltd opened its ₹27.75 crore Rights Issue on June 29, 2026, offering shares at ₹10 each in a 3:2 ratio. The issue closes on July 10, 2026, with the last date for on-market renunciation on July 6, 2026.

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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.

Historical Stock Returns for Oasis Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+3.02%+2.85%+10.02%-9.66%-34.66%+815.22%

How does Oasis Securities Ltd intend to utilize the ₹27.75 crore raised through this Rights Issue?

What impact will the 150% increase in outstanding equity shares have on existing shareholders' earnings per share?

How might the market react to the significant dilution of equity once the new shares list on July 15, 2026?

Oasis Security integrates with Zscaler for identity security

1 min read     Updated on 10 Jun 2026, 05:54 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Oasis Security integrates with Zscaler to provide a single control plane for non-human and AI identity security. The solution offers discovery, attribution, governance, and enforcement capabilities to manage identity lifecycles.

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Oasis Security announced an integration with Zscaler to extend Zero Trust principles to non-human identities and AI agents, providing a unified control plane for joint customers. The collaboration combines Oasis Security's identity governance with inline enforcement across Zscaler's Zero Trust Exchange platform. This integration addresses the security risks associated with the proliferation of machine-to-machine traffic and unmanaged non-human identities (NHIs) in enterprise environments.

The integration allows organizations to govern the full lifecycle of identities, from discovery to decommissioning. It provides visibility into who created an identity, what it can access, and whether it is still owned. By automating the rotation of secrets, scoping of access, and decommissioning of identities, the solution aims to eliminate the risks associated with stale credentials and orphaned accounts.

Key Capabilities

The joint solution offers several features designed to secure enterprise identity infrastructure:

  • Discovery: Identifies NHIs across cloud, SaaS, and on-premises systems, as well as AI agents and MCP servers.
  • Attribution: Links every identity to an owner and assigns a risk score.
  • Governance: Manages the full lifecycle by rotating secrets, scoping access, or decommissioning identities.
  • Enforcement: Applies zero trust policy inline across every connection.
Feature Function
Discovery NHIs across cloud, SaaS, on-premises, AI agents, MCP servers
Attribution Owner assignment and risk scoring
Governance Secret rotation, access scoping, decommissioning
Enforcement Inline zero trust policy application

The Oasis Security integration with Zscaler is available today. Oasis Security is an access management platform for the agentic enterprise, providing discovery, policy intelligence, and lifecycle enforcement across hybrid environments.

Historical Stock Returns for Oasis Securities

1 Day5 Days1 Month6 Months1 Year5 Years
+3.02%+2.85%+10.02%-9.66%-34.66%+815.22%

How will this integration influence the adoption rate of Zero Trust architectures among enterprises hesitant to manage non-human identities?

What competitive responses can we expect from other identity security providers regarding the management of AI agents and machine-to-machine traffic?

How might the automated enforcement capabilities impact operational workflows for DevOps teams managing secrets and access scopes?

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