BSECompany Update3d ago · 22 Sept 2026, 12:43 pm

Navigant Corporate Advisors Ltd ("Manager to the Offer") has submitted to BSE a copy of Detailed Public Statement for the attention of the Equity Shareholders of Oseaspre Consultants Ltd ("Target Company").

Oseaspre Consultants Ltd · 509782

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Oseaspre Consultants Ltd has received a public announcement for an open offer by Nimesh Sahadeo Singh to acquire up to 26% of the company's emerging equity and voting share capital at Rs. 48 per share.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment5/10

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Oseaspre Consultants Ltd - 509782 - Detailed Public Statement

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30942BEE-2D97-4CBC-8EF7-9293C5A490EB-124328.pdf

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AA 4 Navigant NAVIGANT CORPORATE ADVISORS LIMITED Regd. Office: 804, Meadows, Sahar Plaza Complex,J B Nagar, Andheri-Kurla Road, Andheri (East) Mumbai-400 059; Tel: +91-22- 4120 4837 / +91 22 4973 5078 Email: navigant@navigantcorp.com; Website:www.navigantcorp.com (CIN: L67190MH2012PLC231304) Date: 22.09.2026 The Manager Dept. of Corporate Services BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Fort Mumbai - 400 001 Sub: Detailed Public Statement to the shareholders of Oseaspre Consultants Limited (BSE Code: 509782) Dear Sir, We are pleased to inform that we have been appointed as ‘Manager to the Offer’ by Nimesh Sahadeo Singh (hereafter referred to as the “Acquirer”) for acquiring up to 1,82,000 equity shares of Rs. 10/- each of Oseaspre Consultants Limited (‘Target Company’) representing 26.00% of the Emerging Equity and Voting Share Capital of the Target Company at a price of Rs. 48/- per Share fully paid-up Equity Share (“Offer Price’), through Open Offer under Regulation 3(1), 4 read with Regulation 15(1) and 13(2)(g) of SEBI (SAST) Regulations, 2011 (‘the Regulations’). As per Regulation 13 (4) & 14 (3) of SEBI (SAST) Regulations, 2011, the Detailed Public Statement (DPS) has been published on 22" September, 2026. A copy of the DPS is attached herewith for your reference and records. We are also submitting herewith a Soft Copy of the same in PDF format. You are requested to upload the same on your website. Thanks & Regards, For Navigant Corporate Advisors Limited Sarthak Vijlani Managing Director DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS OF OSEASPRE CONSULTANTS LIMITED (“OCL”/ “TARGET COMPANY”/ “TC”) (Corporate Identification No. L74140MH1982PLC027652) Registered Office: Neville House, Ballard Estate J N Heridia Marg, Mumbai City, Mumbai - 400001, Maharashtra, India; Phone No.: +91-22-66620000; Email id: oseaspre@gmail.com; Website: www.oseaspre.com CASH OFFER FOR ACQUISITION OF EQUITY SHARES FROM SHAREHOLDERS OPEN OFFER FOR ACQUISITION OF 1,82,000 (ONE LAC EIGHTY-TWO THOUSAND) FULLY PAID- UP EQUITY SHARES OF FACE VALUE OF RS. 10/- EACH ("EQUITY SHARES") CONSTITUTING 26.00% OF THE EMERGING EQUITY AND VOTING SHARE CAPITAL OF OCL, FROM THE PUBLIC SHAREHOLDERS OF OCL BY NIMESH SAHADEO SINGH (ACQUIRER) (PURSUANT TO AND IN ACCORDANCE WITH REGULATION 3(1) AND REGULATION 4 READ WITH OTHER APPLICABLE PROVISIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED ("SEBI (SAST) REGULATIONS") This detailed public statement (“DPS”) is being issued by M/s. Navigant Corporate Advisors Limited, the Manager to the 11. As on the date of PA and DPS, the composition of Board of Directors of Target Company is as follows: be equal to or more than the highest price paid for such acquisition in terms of Regulation 8 (8) of the SEBI (SAST) Offer (“Manager”), on behalf of the Acquirer in compliance with Regulation 13 (4) of the Securities and Exchange Board Name Designation DIN Date of appointment Regulations. However, it shall not be acquiring any equity shares of Target Company after the third working day of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto in Target Company prior to commencement of tendering period and until the expiry of tendering period. (“SEBI (SAST) Regulations, 2011”), pursuant to the Public Announcement (PA) filed on September 18, 2026 with the 6. If the Acquirer acquire any Equity Shares of the Target Company during the period of twenty-six weeks after the Jairaj Champaklal Bham Non-Executive BSE Limited, Securities and Exchange Board of India (“SEBI”) and Target Company in terms of Regulation 3(1), closure of Tendering Period at a price higher than the Offer Price, then the Acquirer shall pay the difference between Regulation 4 read with regulation 15(1) and 13(2)(g) of the SEBI (SAST) Regulations. Non-Independent Director 02806038 12/08/2014 the highest acquisition price and the Offer Price, to all shareholders whose Equity Shares have been accepted in Definitions: Bakhtavar Ady Pardiwalla Women Director 06721889 09/11/2015 this Offer within sixty days from the date of such acquisition. However, no such difference shall be paid in the event “Equity Shares” means the fully paid -up equity shares of Target Company of face value of Rs. 10/- (Rupees Ten Only) Nitin Hariyantlal Datanwala Independent Director 00047544 10/08/2021 that such acquisition is made under another open offer under the Takeover Regulations, or pursuant to SEBI each. Sanjive Arora Independent Director 07852459 29/08/2019 (Delisting of Equity Shares) Regulations, 2021 or open market purchases made in the ordinary course on the stock “Existing Share & Voting Capital” means paid up share capital of the Target Company prior to Proposed preferential Kaushik Kantilal Shah Additional Non-Executive exchange, not being negotiated acquisition of Equity Shares of the Target Company in any form. issue i.e., Rs. 20,00,000 divided into 2,00,000 Equity Shares of Rs. 10/- Each. Non-Independent Director 01396342 11/09/2026 7. As on date of this DPS, there is no revision in the Offer Price or Offer Size. In case of any revision in the Offer Price or “Emerging Equity & Voting Share Capital” means 7,00,000 fully paid -up equity shares of the face value of Rs. 10/- Offer Size, the Acquirer will comply with all the provisions of the Regulation 18(5) of the Takeover Regulations each of the Target Company being the capital post allotment of 5,00,000 equity shares to the Acquirer and other public (E) DETAILS OF THE OFFER: which are required to be fulfilled for the said revision in the Offer Price or Offer Size. category investors on preferential basis. 1. The Acquirer has made the Offer in accordance with the Regulation 3(1) and 4 read with Regulation 15(1) and 8. If there is any revision in the Offer Price on account of future purchases / competing offers, it will be done only upto "Offer" or "Open Offer" means the open offer for acquisition up to 1,82,000 (One Lacs Eighty-Two Thousand) Equity Regulation 13(2)(g) of the Takeover Regulations to all the Public Shareholders of the Target Company for the one working day prior to the date of commencement of the Tendering Period in accordance with Regulation 18(4) Shares, representing 26.00% of the emerging equity and voting share Capital. acquisition of 1,82,000 (One Lacs Eighty-Two Thousand) Equity Shares ("Open Offer Shares") of the face value of of the Takeover Regulations and would be notified to the shareholders by way of another public announcement in “Proposed Preferential Issue” means the proposed preferential allotment as approved by Board of Directors of the Rs. 10/- each representing 26.00% of the Emerging Equity & Voting Capital of the Target Company at the "Offer the same newspapers where the DPS has appeared. Target Company at their Board Meeting held on Friday, September 18, 2026 subject to approval of members and other Price" of Rs. 48/- (Rupees Forty-Eight Only) per Equity Share payable in "Cash" and subject to the terms and V. FINANCIAL ARRANGEMENTS: regulatory approvals, comprising of 5,00,000 Equity Shares [out of which 3,25,000 Equity Shares to Acquirer at Rs. conditions set out in the DPS and the Letter of Offer ("LOF"). 1. Assuming full acceptance under the offer, the maximum consideration payable by the Acquirer under the offer 48/- per Equity Share (including a premium of Rs. 38/- per Equity Share) and 1,75,000 Equity Shares to public category 2. The Offer is being made to all the Shareholders of the Target Company except the Acquirer, the Sellers and existing would be Rs. 87,36,000/- (Rupees Eighty-Seven Lakhs Thirty-Six Thousand Only) (“maximum consideration”) investors at an issue price of Rs. 48/- per Equity Share (including a premium of Rs. 38/- per Equity Share)]. promoter and promoter group. The Equity Shares of the Target Company under the Offer will b [Showing first 8,000 characters — download PDF for full document]