News Orders & Deals Oscar Global Limited Open Offer: Final Terms and January 2026 Timeline ConfirmedOscar Global Limited Open Offer: Final Terms and January 2026 Timeline Confirmed
Oscar Global Limited has confirmed the final terms of its open offer through the Letter of Offer dated December 24, 2025, with acquirers seeking 8.58 lakh equity shares (26% stake) at ₹12.15 per share. The tendering period runs from January 2-15, 2026, following the acquisition of 43.84% stake from existing promoters, with proper escrow arrangements and regulatory compliance in place.
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Oscar Global Limited has finalized the terms for its open offer through the Letter of Offer dated December 24, 2025, with acquirers Mr. Gopal Bhatter and M/s Gopal Bhatter HUF seeking to acquire up to 8,58,000 equity shares representing 26% of the company's equity share capital.
Offer Structure and Pricing
The open offer is priced at ₹12.15 per equity share for fully paid-up shares and ₹7.15 per partly paid-up equity shares, payable in cash. The offer follows the acquisition of 14,46,703 equity shares (43.84% of equity capital) from existing promoters through Share Purchase Agreements at ₹9.00 per share.
| Parameter | Details |
|---|---|
| Offer Size | 8,58,000 equity shares (26%) |
| Offer Price (Fully Paid) | ₹12.15 per share |
| Offer Price (Partly Paid) | ₹7.15 per share |
| Maximum Consideration | ₹1,04,24,700 |
| Escrow Amount | ₹26,06,200 (25% of total) |
Revised Timeline Schedule
The final schedule confirms the January 2026 timeline with key dates for various regulatory and operational activities:
| Activity | Final Schedule |
|---|---|
| Letter of Offer Dispatch | December 26, 2025 |
| Independent Committee Recommendation | December 30, 2025 |
| Upward Revision Deadline | December 31, 2025 |
| Tendering Period Start | January 02, 2026 |
| Tendering Period End | January 15, 2026 |
| Payment Completion | January 30, 2026 |
Financial Arrangements and Compliance
The acquirers have established proper escrow arrangements with Kotak Mahindra Bank Limited, depositing ₹26,06,200 representing 25% of the total consideration. Axial Capital Private Limited serves as the manager to the offer, while Purva Sharegistry (India) Pvt. Ltd. acts as the registrar.
Regulatory Status and Company Background
Oscar Global Limited, incorporated in 1990 and listed on BSE (scrip code: 530173), maintains active trading status. The company has a total equity capital of 33,00,000 shares, comprising 32,83,600 fully paid-up shares and 16,400 partly paid-up shares. BSE Limited has levied a fine of ₹73,160 against the company for delayed compliance with LODR regulations.
Acquirer Profile and Objectives
Mr. Gopal Bhatter, a Fellow Chartered Accountant with over 15 years of experience, and M/s Gopal Bhatter HUF aim to achieve substantial acquisition and management control. The acquirers have certified net worth of ₹872.84 lakh and ₹155.44 lakh respectively, ensuring adequate financial resources for the offer completion.
The open offer is mandatory under SEBI (SAST) Regulations and is not conditional upon any minimum level of acceptance. Upon completion, the acquirers will be categorized as promoters of the target company.
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