Oasis Securities Ltd has successfully concluded its board meeting on April 10, 2026, approving a rights issue of up to Rs.30.00 crores and appointing a new Chief Financial Officer. The meeting, which commenced at 12:00 P.M. and concluded at 12:26 P.M., addressed key corporate actions in compliance with SEBI regulations.

Rights Issue Approval

The board has approved raising funds of up to Rs.30.00 crores through issuance of equity shares on rights basis to eligible equity shareholders. The rights issue will be conducted in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, subject to necessary regulatory and statutory approvals.

The detailed terms including issue price, rights entitlement ratio, record date, and payment terms will be determined by the Rights Issue Committee and disclosed in due course. The Letter of Offer will be issued electronically to eligible equity shareholders.

CFO Appointment

The board appointed Mr. Surendra Kumar Joshi as Chief Financial Officer effective April 10, 2026, following the cessation of Mr. Devi Dutt Agarwal from the CFO position on March 23, 2026.

Mr. Joshi brings extensive experience in financial management, taxation, auditing, and regulatory compliance. His expertise includes financial reporting, budgeting, GST and TDS compliance, and statutory audit management.

Regulatory Compliance

The announcements were made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Kirti Mool Chand Jain signed the regulatory filings submitted to BSE Limited.

The company operates with its registered office at A-112 1st Floor, Lodha Supermus MIDC Andheri East Mumbai, and corporate office in Jaipur, Rajasthan. These corporate actions represent significant developments in the company's capital structure and leadership team.

Oasis securities Ltd has announced a key leadership transition with the resignation of its Chief Financial Officer, marking a significant change in the company's executive structure while maintaining continuity in board leadership.

CFO Resignation Details

Mr. Devi Dutt Agarwal has tendered his resignation from the position of Chief Financial Officer, effective from the close of business hours on March 23, 2026. The resignation stems from personal reasons that necessitate a reduction in his professional commitments.

Continued Board Participation

Despite stepping down from the CFO position, Mr. Agarwal will continue to serve Oasis Securities in his capacity as Executive Director and Whole-Time Director. This arrangement ensures continuity in board governance while allowing him to reduce his operational responsibilities.

In his resignation letter, Mr. Agarwal expressed gratitude to the Board and Management for their continued support and cooperation during his tenure. He confirmed that there are no material reasons for his resignation beyond the personal circumstances stated.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to BSE Limited, where Oasis Securities is listed under scrip code 512489.

The resignation was formally accepted by the company on March 23, 2026, with Managing Director Ajay Marathe acknowledging the receipt and acceptance of the resignation letter. The company will take necessary steps to file requisite e-forms with stock exchanges and the Registrar of Companies as applicable.