Onelife Capital Advisors to Consider Rights Issue in Upcoming Board Meeting

1 min read     Updated on 05 Dec 2025, 08:51 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Onelife Capital Advisors Limited has scheduled a board meeting for December 10, 2025, to consider a rights issue of equity shares. The meeting will be held via video conferencing. A trading window closure has been implemented from December 5, 2025, until 48 hours after the board meeting concludes, applicable to all insiders. The rights issue, if approved, would allow existing shareholders to purchase additional shares, potentially at a discounted price.

26493678

*this image is generated using AI for illustrative purposes only.

Onelife Capital Advisors Limited , a financial services company, has announced a significant corporate action that could potentially impact its shareholders. The company has scheduled a board meeting for December 10, 2025, to discuss and consider a rights issue of equity shares.

Key Points of the Announcement

Aspect Details
Meeting Date December 10, 2025
Primary Agenda Consider fundraising through rights issue
Eligible Participants Existing equity shareholders
Approval Status Subject to regulatory approvals
Meeting Format Video conferencing/other audio-visual means

Additional Considerations

The board meeting will also address other incidental and ancillary matters as decided by the board. This could include various aspects related to the proposed rights issue, such as:

  • Determining the issue price
  • Deciding the rights entitlement ratio
  • Setting the record date for eligible shareholders
  • Finalizing the terms and conditions of the issue

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, Onelife Capital Advisors has implemented a trading window closure:

Aspect Details
Closure Start Date December 5, 2025
Closure End Date 48 hours after the conclusion of the board meeting
Applicable to All insiders

This measure is taken to prevent insider trading and ensure fair market practices during this sensitive period.

Implications for Shareholders

While the details of the potential rights issue are yet to be determined, existing shareholders should stay alert for further announcements. Rights issues typically provide an opportunity for current shareholders to purchase additional shares at a potentially discounted price, maintaining their proportional ownership in the company.

Investors and market participants are advised to await the outcome of the board meeting for more specific information regarding the proposed rights issue and its potential impact on the company's capital structure and share value.

As always, it's recommended that investors conduct their own research and consult with financial advisors before making any investment decisions based on this corporate action.

Historical Stock Returns for Onelife Capital Advisors

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+12.24%-16.15%+16.56%-13.06%+120.00%
Onelife Capital Advisors
View in Depthredirect
like16
dislike

Onelife Capital Advisors Promoter Pledges 49.05 Lakh Shares to Globe Fincap

1 min read     Updated on 11 Nov 2025, 10:23 AM
scanx
Reviewed by
Naman SScanX News Team
Overview

Prabhakara Naig, promoter of Onelife Capital Advisors Limited, has pledged 49,05,000 equity shares (36.71% of total share capital) to Globe Fincap Limited. The pledge, created on November 3, 2025, is for a loan of Rs 2.00 crore against shares valued at Rs 7.36 crore, for working capital and business purposes. This pledge represents 99.20% of Naig's total shareholding. A revised disclosure was issued on November 10, 2025, correcting the lender's name from Globe Capital Market Ltd to Globe Fincap Limited. The security cover ratio stands at 3.68, indicating a conservative lending approach.

24382403

*this image is generated using AI for illustrative purposes only.

Onelife Capital Advisors Limited has disclosed a significant share pledge by its promoter, Prabhakara Naig. The company has reported that Naig has pledged 49,05,000 equity shares, representing 36.71% of the company's total share capital, to Globe Fincap Limited.

Key Details of the Share Pledge

Aspect Details
Promoter Prabhakara Naig
Number of Shares Pledged 49,05,000
Percentage of Total Share Capital 36.71%
Pledge Creation Date November 3, 2025
Lender Globe Fincap Limited
Loan Amount Rs 2.00 crore
Value of Pledged Shares Rs 7.36 crore
Purpose Working Capital and Business Purposes

Impact on Promoter Shareholding

The pledged shares constitute 99.20% of the promoter's total shareholding in Onelife Capital Advisors. This move significantly increases the encumbered portion of the promoter's stake in the company.

Correction in Disclosure

The company issued a revised disclosure on November 10, 2025, correcting an earlier error in the lender's name. The initial disclosure mistakenly mentioned Globe Capital Market Ltd as the lender, which has now been corrected to Globe Fincap Limited.

Regulatory Compliance

This disclosure has been made in accordance with Regulation 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has submitted the required details to both the BSE Limited and the National Stock Exchange of India Ltd.

Financial Implications

The pledge agreement reveals a notable disparity between the loan amount and the value of the pledged shares:

Aspect Value
Loan Amount Rs 2.00 crore
Value of Pledged Shares Rs 7.36 crore
Security Cover Ratio 3.68

This high security cover ratio suggests a conservative lending approach by Globe Fincap Limited, potentially reflecting the volatile nature of equity as collateral or specific terms negotiated between the parties.

Historical Stock Returns for Onelife Capital Advisors

1 Day5 Days1 Month6 Months1 Year5 Years
+4.95%+12.24%-16.15%+16.56%-13.06%+120.00%
Onelife Capital Advisors
View in Depthredirect
like16
dislike
More News on Onelife Capital Advisors
Explore Other Articles
14.85
+0.70
(+4.95%)