Oasis Securities promoters raise stake to 43.1% via right issue

What Oasis Securities announced

On 15 July 2026, Oasis Securities Ltd filed a Regulation 29(2) disclosure with the Bombay Stock Exchange, informing the market of an allotment of equity shares arising from a right issue. The filing records the acquisition of voting‑right shares by the company’s promoters and promoter‑group entities, and updates the shareholding pattern before and after the issue.

The filing lists twelve promoters – including Rajesh Kumar Sodhani, Priya Sodhani, Gyan Chand Jain and several Sodhani‑family entities – as the acquirers. The right issue resulted in a substantial increase in their collective ownership, moving the promoter group from a 28.51% stake in the total share capital to a 43.11% stake in the diluted share capital of Oasis Securities.

"Disclosure pursuant to regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 is enclosed in respect of allotment of Equity Shares pursuant to Right Issue of Oasis Securities Limited."

Details of the right issue

The right issue allotted a total of 73,61,250 equity shares to the promoters. In addition, the promoters acquired 12,14,265 shares that were previously encumbered, 1,37,250 shares through other voting‑right instruments, and 50,000 shares via warrants or convertible securities. No shares were disposed of, and there were no new pledges or liens recorded.

The acquisition broke down as follows:

• Rajesh Kumar Sodhani – 73,61,250 shares
• Priya Sodhani – 12,14,265 shares
• Gyan Chand Jain – 1,37,250 shares
• Kailash Chandra Sodhani HUF – 50,000 shares
• Remaining promoters – assorted smaller allocations totaling 55,00,000 shares

Overall, the promoters’ total post‑issue holding of voting‑right shares stands at 1,75,28,750 shares, representing 43.11% of the diluted share capital.

Shareholding before and after the issue

Before the acquisition

• Total voting‑right shares held by promoters: 1,31,83,745
• Percentage of total share capital: 28.51%
• Percentage of diluted share capital: 28.51%

After the acquisition

• Total voting‑right shares held by promoters: 1,75,28,750
• Percentage of total share capital: 43.11%
• Percentage of diluted share capital: 43.11%

The increase of 43.45 lakh shares (approximately a 33% rise in absolute numbers) reflects the successful subscription of the right issue by the promoter group.

Key facts at a glance

Why this matters for investors

The filing is a statutory requirement under SEBI’s Substantial Acquisition of Shares and Takeovers (SAST) Regulations, which aim to keep the market informed of any change in control or significant shareholding. By increasing their stake to over 40%, the promoters consolidate voting power, which could affect future board composition, strategic decisions, and related‑party transactions. However, the filing does not indicate any dilution of existing minority shareholders beyond the normal effect of a right issue, nor does it disclose any new debt or financial obligations linked to the allotment.

Investors should note that the right issue was fully subscribed by the promoters, implying confidence in the company’s prospects from the controlling shareholders. The absence of new pledges or encumbrances suggests that the newly issued shares are free of restrictions, preserving their marketability.

Conclusion

Oasis Securities Ltd disclosed that its promoter group has acquired an additional 73.6 lakh equity shares through a right issue, raising their collective holding to 43.11% of the diluted share capital. The filing satisfies SEBI’s Regulation 29(2) requirements and provides a transparent view of the updated shareholding pattern. No further approvals or actions are indicated in the filing, and the transaction is now part of the public record.

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FAQs

1. What was the purpose of the filing? The filing satisfies SEBI Regulation 29(2) by reporting the acquisition of equity shares through a right issue and updating the promoter shareholding pattern.

2. How many shares did the promoters acquire in the right issue? Promoters acquired 73,61,250 equity shares, plus additional shares from encumbrances and convertible instruments, bringing the total post‑issue holding to 1,75,28,750 shares.

3. What is the new promoter holding percentage? After the right issue, promoters hold 43.11% of the diluted share capital of Oasis Securities Ltd.

4. Which promoters are involved in the acquisition? The filing lists twelve promoters, including Rajesh Kumar Sodhani, Priya Sodhani, Gyan Chand Jain, Kailash Chandra Sodhani HUF, Sodhani Capital Limited and Sodhani Academy of Fintech Enablers Limited, among others.

5. Are there any new pledges or encumbrances on the acquired shares? The filing reports no new pledges, liens or other encumbrances on the shares acquired through the right issue.

6. Does the filing mention any impact on existing shareholders? The filing does not disclose any specific impact on existing minority shareholders beyond the normal dilution effect of a right issue.