Oasis Securities Reschedules AGM to September 1 After Technical Glitch, Approves Q1 FY2026 Results

Oasis Securities Limited , a Mumbai-based financial services company, has announced significant updates following its board meeting on July 28, 2025. The company faced an unexpected hurdle with its 38th Annual General Meeting (AGM) and has made important decisions regarding its financial results and corporate governance.

AGM Rescheduled Due to Technical and Legal Irregularities

The company's 38th AGM, originally scheduled for July 28, 2025, could not be validly conducted due to technical and legal irregularities. The meeting, initially planned as a virtual event, was shifted to a physical mode at the last minute. However, this change led to a violation of Section 96(2) of the Companies Act, 2013, as the venue was located outside the city of the company's registered office.

Rajesh Kumar Sodhani, Managing Director of Oasis Securities, stated, "In light of this technical and legal irregularity, and in the interest of good governance and full compliance, the Board has decided to treat the AGM as adjourned before transacting any substantive business."

Key Details of the Rescheduled AGM

• New Date: Monday, September 1, 2025
• Time: 11:00 A.M. (IST)
• Mode: Video Conferencing (VC)/Other Audio-Visual Means (OAVM)
• E-voting Period: August 29, 2025 (9:00 A.M. IST) to August 31, 2025 (5:00 P.M. IST)
• Book Closure: August 26, 2025 to September 1, 2025 (both days inclusive)
• Cut-off Date for Voting Eligibility: August 25, 2025

The company will circulate a fresh AGM notice to shareholders, providing detailed instructions for participation and e-voting.

Q1 FY2026 Financial Results Approved

In the same board meeting, Oasis Securities approved the unaudited financial results for the quarter ended June 30, 2025 (Q1 FY2026). The company's auditors, Rajvanshi & Associates, have conducted a limited review of these results in accordance with the Standard on Review Engagement (SRE) 2410.

Compliance with Regulatory Requirements

The company has emphasized its commitment to compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rescheduled AGM and the approval of financial results are part of this compliance effort.

Oasis Securities Limited continues to engage in NBFC activities as its primary business segment. Shareholders and investors are advised to look out for the fresh AGM notice and participate in the rescheduled meeting on September 1, 2025.