Oscar Global Limited's board of directors has approved an additional loan facility of Rs. 35 lakhs to Durgesh Merchant Limited during their board meeting held on April 1, 2026. The meeting commenced at 5:00 PM and concluded at 5:30 PM, with the company filing the disclosure under Regulation 30 of SEBI listing regulations.

Loan Agreement Details

The additional loan increases the total lending arrangement between the companies significantly. The comprehensive loan structure and terms are outlined below:

Transaction Structure and Compliance

Oscar Global Limited has confirmed that this lending arrangement maintains arm's length transaction principles. Key compliance aspects include:

• No shareholding exists between Oscar Global and Durgesh Merchant Limited
• The parties are not related to promoter or promoter group companies
• The transaction does not qualify as a related party transaction
• No special rights such as director appointment or share subscription rights are involved

Regulatory Disclosure

The company has filed the mandatory disclosure with BSE Limited under scrip code 530173, following the master circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Company Secretary and Compliance Officer Nitasha Sinha (Membership No. 27439) signed the regulatory filing.

The loan agreement represents a standard commercial lending arrangement with no additional disclosures required regarding nominee directors, potential conflicts of interest, or termination clauses. The unsecured nature of the loan indicates the company's confidence in the borrower's repayment capability.

Oscar Global Limited has witnessed a complete exit by its promoter entities, with Kanika Audio Visuals Private Limited and Akanksha Viniyog Ltd divesting their entire shareholding in the BSE-listed company. The transaction represents a significant ownership change, with the promoters reducing their stake from 31.30% to nil.

Transaction Details

The divestment was executed through an off-market transaction governed by a Share Purchase Agreement dated 30/09/2025, coupled with an open offer. The transaction was completed on 30/03/2026, marking the complete exit of both promoter entities from Oscar Global Limited.

Shareholding Structure Changes

Prior to the transaction, the two promoter entities held substantial positions in Oscar Global Limited. Kanika Audio Visuals Private Limited owned 2,06,091 shares representing 6.25% of the total share capital, while Akanksha Viniyog Ltd held a larger stake of 8,26,500 shares, constituting 25.05% of the company.

Following the completion of the transaction, both promoter entities' shareholding in Oscar Global Limited stands at nil, indicating a complete divestment of their holdings.

Company Structure

Oscar Global Limited maintains its equity share capital structure unchanged at 33,00,000 equity shares of Rs. 10/- each both before and after the transaction. The company's shares are listed on BSE Ltd., and the total diluted share capital remains at 33,00,000 equity shares post-transaction.

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the documentation signed by Mr. Karan Kanika Verma on behalf of the selling entities on 31/03/2026 from Noida.