Onelife Capital Advisors Limited has successfully completed a significant rights issue allotment worth ₹36.00 crore, marking a major milestone in the company's capital expansion plans. The Board of Directors of the Rights Issue Committee approved the allotment of equity shares on March 17, 2026, following regulatory compliance and consultation with relevant authorities.

Rights Issue Allotment Details

The company has allotted 2,40,00,000 rights equity shares with specific pricing and premium structure. The allotment was conducted in accordance with the Letter of Offer dated February 10, 2026, and the basis of allotment was finalized in consultation with BSE Limited, which served as the designated stock exchange for this rights issue.

Capital Structure Transformation

The rights issue has resulted in a substantial increase in the company's paid-up equity share capital. This expansion represents a significant enhancement to the company's capital base and financial structure.

Board Meeting and Regulatory Compliance

The Rights Issue Committee's Board of Directors meeting was conducted on March 17, 2026, commencing at 07:00 P.M. and concluding at 07:30 P.M. The meeting was chaired by Prabhakara Naig, who serves as Chairperson and Whole Time Director of the company. The allotment was approved in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has formally notified both BSE Limited and National Stock Exchange of India Limited about the completion of the rights issue allotment. This communication ensures transparency and regulatory compliance, keeping all stakeholders informed about the significant corporate action and its impact on the company's capital structure.

Onelife Capital Advisors Limited has successfully completed its postal ballot process with overwhelming shareholder approval for the re-appointment of three independent directors. The company submitted regulatory disclosures to BSE Limited and National Stock Exchange of India Limited on March 10, 2026, pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Results and Regulatory Compliance

All three special resolutions for the re-appointment of independent directors achieved identical approval rates of 99.82% through remote e-voting conducted via Central Depository Services (India) Limited's platform. The voting process was completed on March 07, 2026, with the scrutinizer's report submitted by Mr. Mukesh Siroya of M. Siroya & Co, Company Secretaries.

Director Appointments and Effective Dates

The re-appointments are for second five-year terms as Non-Executive Independent Directors. Dr. Ranu Jain and Mr. Nitesh Singh's appointments are effective from March 29, 2026, while Mr. Abhay Sethia's appointment is effective from January 13, 2026.

Voting Participation and Shareholder Support

The postal ballot was conducted pursuant to Section 110 of the Companies Act, 2013, with the record date set as January 30, 2026. The company had 10174 total shareholders on the record date, with 63 members participating in the voting process.

Corporate Governance and Compliance

The successful completion demonstrates strong shareholder confidence in the board's governance structure. All directors confirmed they are not related to any existing Directors or Key Managerial Personnel of the company and are not debarred from holding directorship pursuant to any SEBI order or other authority. The company maintained full compliance with all applicable regulations including the Companies Act, 2013, and SEBI listing requirements, with electronic data and relevant records preserved as per regulatory requirements.