Oscar Global Limited announced a comprehensive restructuring of its board of directors and key management positions following a board meeting conducted on April 4, 2026. The meeting, which commenced at 1.00 P.M. and concluded at 1.26 P.M., resulted in significant changes to the company's leadership structure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Director Appointments

The company appointed five new directors as part of the restructuring process. Three family members were appointed as additional directors pursuant to the Share Purchase Agreement dated September 30, 2025.

Mr. Gopal Bhattar, a Chartered Accountant and Company Secretary, brings 15 years of experience in manufacturing of agro and textile products. He is associated with M/s Bhattar & Associates, specializing in bank audits and tax litigation, and serves as promoter and director of M/s Rukhm Industries Limited, engaged in psyllium husk manufacturing.

Ms. Sonia Bhattar, a graduate with D Pharmacy qualification, has 10 years of experience in manufacturing agro and textile products. She is a partner in M/s GSB Enterprises and promoter-director of M/s Rukhm Industries Limited.

Ms. Monika Bhattar holds a B.Sc degree and has 10 years of experience in manufacturing agro and textile products. She previously served as Director of M/s Rathi Style and Textile Company Pvt. Ltd. from 2017 to 2021.

Independent Directors

Mr. Radheshyam Pandey brings over 25 years of experience in finance and administration, with expertise in project lifecycle costing, tender administration, and revenue recovery. He has worked extensively with government and municipal contracts in the infrastructure and electrical engineering industries.

Mr. Arvind Ganpat Desai has vast experience in corporate governance, financial and business management, and real estate construction projects. He previously served as Independent Director at Visagar Financial Services Limited from September 30, 2008 to April 16, 2019.

Key Personnel Resignations

The company accepted resignations from six key personnel across different dates:

The resignations were attributed to various reasons including professional commitments, personal reasons, and fulfillment of SPA conditions. All resigning independent directors confirmed no material reasons beyond those stated in their resignation letters.

Additional Corporate Actions

The board approved the re-classification of several individuals and entities from 'promoter category' to 'public', including Mr. Satish Verma, Mr. Pawan Chadha, Mr. Karan Kanika Verma, Mr. Varun Chadha, Ms. Arpita Verma, Kanika Audio Visuals Private Limited, and Akanksha Viniyog Ltd.

Ms. Neelam Saboo (membership No. A66555) was appointed as Company Secretary and Compliance Officer effective April 7, 2026. She is a graduate and associate member of ICSI with approximately 5 years of experience in finance and accounts, including expertise in financial reporting, payroll management, and internal audits.

The company stated that these changes should be treated as price sensitive information as per SEBI PIT Regulations, reflecting the significant nature of the board restructuring.

Oscar Global Limited has witnessed substantial shareholding changes with Gopal Bhattar and Gopal Bhattar HUF (Person Acting in Concert) significantly increasing their stake in the company. The latest disclosure under Regulation 29(1) of SEBI Takeover Regulations reveals a major acquisition that has elevated their combined holding to 43.84% of the company's total shareholding.

Major Acquisition Details

Gopal Bhattar, along with Gopal Bhattar HUF as Person Acting in Concert (PAC), has acquired a total of 10,32,591 equity shares, bringing their combined holding to 14,46,703 shares representing 43.84% of Oscar Global Limited's total shareholding. The acquisition was executed through off-market transactions based on a Share Purchase Agreement and open offer mechanism.

Detailed Acquisition Timeline

The share acquisition was completed across multiple dates with specific allocations between the acquirer and PAC:

• 25th March 2026: Gopal Bhattar acquired 2,88,150 equity shares
• 27th March 2026: Gopal Bhattar acquired 80,692 equity shares
• 27th March 2026: Gopal Bhattar HUF acquired 45,000 equity shares
• 30th March 2026: Gopal Bhattar HUF acquired 8,26,500 equity shares
• 30th March 2026: Gopal Bhattar HUF acquired 2,06,091 equity shares

Shareholding Transformation

Prior to this major acquisition phase, Gopal Bhattar and Gopal Bhattar HUF held 4,14,112 shares (12.54%). The substantial increase demonstrates significant confidence in the company's prospects and marks their emergence as the largest shareholders.

Company Structure and Compliance

Oscar Global Limited maintains its equity structure with 33,00,000 equity shares of Rs. 10 each, totaling Rs. 3.30 crore in share capital. The company's shares are listed on BSE Limited, and the total diluted share capital remains unchanged at 33,00,000 equity shares.

The disclosure was filed by Gopal Bhattar as the authorized signatory for both himself and Gopal Bhattar HUF, dated 31st March 2026 from Mumbai. This substantial acquisition represents a major shift in Oscar Global Limited's ownership structure, with the new shareholders now holding the largest stake in the company.

Regulatory Compliance

The acquisition has been disclosed in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The formal disclosure was submitted to BSE Limited, ensuring full transparency regarding the significant change in shareholding pattern.