Shareholders of Oasis Securities approved the company’s financial statements and key board appointments at its 39th Annual General Meeting held on September 1, 2026.

The meeting was conducted through video conferencing and other audio-visual means. A total of 25 members attended via video conferencing, comprising five promoters and 20 public shareholders. No shareholders attended in person or through proxy. Remote e-voting was facilitated by National Securities Depository Limited, with voting commencing on August 29, 2026, and concluding on August 31, 2026.

Financial Performance

Managing Director Rajesh Kumar Sodhani briefed shareholders on the company’s performance during FY26. Total income increased to ₹230.75 lakh from ₹167.27 lakh in the previous year. Profit after tax rose to ₹101.70 lakh from ₹86.79 lakh. Total assets stood at approximately ₹14.14 crore as on March 31, 2026.

Voting Results

A total of 46 members participated in the voting process, representing 50.13% of the total paid-up capital as on the cut-off date of August 25, 2026. The company has 4,62,50,000 equity shares outstanding. There were 2,359 shareholders on the record date.

All three resolutions received overwhelming support, with dissenting votes accounting for less than 0.001% of the total votes cast. No invalid votes were recorded during the process.

Board Appointments

The shareholders appointed Mrs. Priya Sodhani (DIN: 02523843) as a director liable to retire by rotation. Additionally, a special resolution approved the appointment of Mr. Tushar Agrawal (DIN: 10932962) as a Non-Executive Independent Director for a term of five consecutive years, effective from May 11, 2026, to May 10, 2031.

Mr. Agrawal brings over 10 years of professional experience in finance, taxation, audit, FEMA, regulatory compliance, corporate advisory, banking coordination, and strategic financial consulting. He possesses extensive exposure in handling corporate finance, compliance management, business structuring, cross-border transactions, and RBI/FEMA related matters for various corporate entities, startups, MSMEs, and international organizations. He is not related to any other director or promoter of the company and is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

Scrutinizer Report

ARMS & Associates LLP acted as the scrutinizer for the e-voting process. Sandeep Kumar Jain, Designated Partner at ARMS & Associates LLP, certified that the voting procedures complied with Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014. The report confirms that all resolutions were passed with the requisite majority.

Oasis Securities reported a 17.18% year-on-year increase in net profit to ₹101.7 lakh for FY26, driven by a significant expansion in its lending portfolio and interest income. The company also completed a ₹27.75 crore rights issue, increasing its paid-up capital to ₹4.63 crore, and appointed Tushar Agrawal as an independent director at its 39th Annual General Meeting (AGM) held on September 1, 2026.

The NBFC-ND entity saw total income surge by 37.95% to ₹230.75 lakh from ₹167.27 lakh in the previous year. This growth was primarily fueled by interest income, which more than doubled to ₹176.39 lakh from ₹80.52 lakh, reflecting robust growth in financing activities. The loan portfolio expanded by 18.7% to ₹978.91 lakh as of March 31, 2026, while the investment portfolio stood at ₹393.25 lakh. Profit before tax rose to ₹121.25 lakh, aided by a deferred tax credit of ₹16.93 lakh.

Capital Raise and Governance Updates

Following the financial year-end, Oasis Securities executed a rights issue of 2,77,50,000 equity shares at ₹10 per share in the ratio of 3:2. This move strengthened the company’s capital base, raising shareholders’ funds to ₹1,423.72 lakh. At the AGM, shareholders approved the appointment of Chartered Accountant Tushar Agrawal as an independent director for a five-year term commencing May 11, 2026. Agrawal joins the Audit and Nomination & Remuneration Committees. Priya Sodhani was reappointed as a director liable to retire by rotation.

Key Financial Metrics (FY26 vs FY25)

What the Numbers Show

The sharp contrast between the 37.95% revenue growth and the 17.18% net profit growth highlights the impact of tax expenses and operational scaling. While interest income nearly doubled, total tax expense increased to ₹19.56 lakh from ₹24.94 lakh in absolute terms but remained manageable due to deferred tax benefits. The company’s decision to retain all profits rather than declare dividends underscores a strategy focused on capital conservation to support further expansion in its lending book. The substantial rights issue indicates management’s intent to leverage increased equity for aggressive portfolio growth in the coming fiscal year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE876A01023/aa3c74c0-8ef7-47f3-833e-a435b93eb072.pdf