BSECompany Update26 Sept 2026 · 26 Sept 2026, 05:56 pm
Bonanza Portfolio Limited ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Public Announcement dated Wednesday, September 23, 2026 for the attention of the Public Shareholders of Oscar Global Ltd ("Target Company").
Oscar Global Ltd · 530173
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Oscar Global Ltd has received a corrigendum to the public announcement for the open offer by JBCG Advisory Services Private Limited and its associated parties. The open offer size has been revised to 18,53,096 equity shares, representing 3.63% of the emerging equity and voting share capital.
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Oscar Global Ltd - 530173 - Updates on Open Offer - Corrigendum to Public Announcement
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CORRIGENDUM TO THE PUBLIC ANNOUNCEMENT DATED WEDNESDAY, SEPTEMBER 23, 2026 FOR
THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF OSCAR GLOBAL LIMITED
Open Offer for acquisition of up to 18,53,096 (Eighteen Lakh Fifty-Three Thousand Ninety-Six) Equity Shares having
face value of ₹10.00/- (Rupees Ten Only) each, comprising 18,36,696 (Eighteen Lakh Thirty-Six Thousand Six
Hundred Ninety-Six) fully paid-up Equity Shares and 16,400 (Sixteen Thousand Four Hundred) partly paid-up
Equity Shares ('Offer Shares') representing *3.63% of the Emerging Equity and Voting Share Capital of Oscar
Global Limited ('Target Company' or 'OGL') at an offer price of ₹10.00/- (Rupees Ten Only) per Equity Share, by
JBCG Advisory Services Private Limited ('Acquirer') along with Mr. Jaspal Singh Bindra (‘PAC 1’) and Mr. Chandir
Gobind Gidwani (‘PAC 2’) in their capacity as persons acting in concert with the Acquirer, hereinafter collectively
referred to as (‘Acquirer and PACs’), pursuant to and in compliance with the requirements of the Securities and
Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ('SEBI
(SAST) Regulations, 2011') ('Offer' or 'Open Offer').
*As per Regulation 7(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ('SEBI SAST
Regulations'), the Open Offer size shall be for at least 26.00% of the Emerging Equity and Voting Share Capital of the Target
Company as of the 10th working day from the closure of the tendering period. However, the eligible public shareholding of
the Target Company represents only 3.63% of the Emerging Equity and Voting Share Capital, comprising 18,53,096
(Eighteen Lakh Fifty-Three Thousand Ninety-Six) Equity Shares (including 16,400 (Sixteen Thousand Four Hundred) partly
paid-up Equity Shares) held by existing Public Shareholders.
This corrigendum ("Corrigendum") to the Public Announcement dated Wednesday, September 23, 2026 (the "Public
Announcement" or "PA") is being issued by Bonanza Portfolio Limited (‘BPL/ the ‘Manager to the Offer’), for and on
behalf of the Acquirer and PACs, to the Public Shareholders of the Target Company. This Corrigendum should be read in
continuation of, and in conjunction with, the PA which has been sent to BSE Limited, being the Stock Exchange where the
Equity Shares of the Target Company are listed, to SEBI and to the Target Company in accordance with the SEBI (SAST)
Regulations, 2011.
Capitalized terms used in this Corrigendum and not defined herein shall have the same meaning ascribed to them in the PA.
Rationale for the Corrigendum:
In the PA, the Emerging Equity and Voting Share Capital was computed as 5,10,00,000 Equity Shares, i.e. without
considering the 16,400 (Sixteen Thousand Four Hundred) partly paid-up Equity Shares of the Target Company, and the Offer
Size did not include the said partly paid-up Equity Shares held by the Public Shareholders. The Emerging Equity and Voting
Share Capital shall be read as 5,10,16,400 (Five Crore Ten Lakh Sixteen Thousand Four Hundred) Equity Shares, comprising
of 33,00,000 existing Equity Shares (including 16,400 partly paid-up Equity Shares) and 4,77,16,400 Equity Shares proposed
to be allotted pursuant to the Proposed Preferential Issue. Accordingly, the Offer Size shall be read as 18,53,096 Equity
Shares of the Target Company as below information shall stand revised as below:
In relation to the PA, the Public Shareholders are requested to take note of the following modifications:
1. The Offer Size shall be read as “18,53,096 (Eighteen Lakh Fifty-Three Thousand Ninety-Six) Equity Shares representing
3.63% of the Emerging Equity and Voting Share Capital” instead of 18,36,696 (Eighteen Lakh Thirty-Six Thousand Six
Hundred Ninety-Six) fully paid-up Equity Shares representing 3.60% throughout the PA;
2. The Emerging Equity and Voting Share Capital shall be read as ₹51,01,64,000 (Rupees Fifty-One Crore One Lakh Sixty-
Four Thousand Only) divided into 5,10,16,400 (Five Crore Ten Lakh Sixteen Thousand Four Hundred) Equity Shares,
instead of ₹51,00,00,000 (Rupees Fifty-One Crore Only) divided into 5,10,00,000 (Five Crore Ten Lakh) Equity Shares
throughout the PA;
3. The percentage of, Equity Shares agreed to be acquired by the Acquirer from the Selling Shareholders under the SPA,
representing 44.06% (Forty-Four Point Zero Six Percent) of the Existing Equity and Voting Share Capital of the Target
Company, shall be read as “43.85%” (Forty-Three Point Eight Five Percent) instead of 44.06% (Forty-Four Point Zero Six
Percent) throughout the PA;
4. The percentage of, Equity Shares to be allotted to the Acquirer on a preferential basis for consideration other than cash
pursuant to the SSA, representing 67.70% (Sixty-Seven Point Seven Zero Percent) of the Emerging Equity and Voting Share
Capital of the Target Company, shall be read as “67.64%” (Sixty-Seven Point Six Four Percent) instead of 67.70% (Sixty-
Seven Point Seven Zero Percent) throughout the PA;
5. The total consideration payable by Acquirer and PACs under the Open Offer shall be read as “₹1,85,30,960 (Rupees One
Crore Eighty-Five Lakh Thirty Thousand Nine Hundred Sixty Only)” instead of ₹1,83,66,960 (Rupees One Crore Eighty-
Three Lakh Sixty-Six Thousand Nine Hundred Sixty Only throughout the PA;
6. The percentage of, Equity Shares proposed to be issued pursuant to the Preferential Issue, representing 93.59% (Ninety-
Three Point Five Nine Percent) of the Emerging Equity and Voting Share Capital of the Target Company, shall be read as
“93.53%” (Ninety-Three Point Five Three Percent) instead of 93.59% (Ninety-Three Point Five Nine Percent) throughout
the PA;
7. The percentage of, Equity Shares to be held by the Acquirer pursuant to the underlying transactions (comprising of SPA
and SSA), representing 70.50% (Seventy Point Five Zero Percent) of the Emerging Equity and Voting Share Capital of the
Target Company, shall be read as “70.48%” (Seventy Point Four Eight Percent) instead of 70.50% (Seventy Point Five Zero
Percent) throughout the PA;
8. The percentage of, Equity Shares held by the Selling Shareholders to the Existing Equity and Voting Share Capital of the
Target Company shall be read as “11.19%” instead of 11.24% for Equity Shares held by Mr. Gopal Bhatter, “32.66%” instead
of 32.82% for Equity Shares held by Gopal Bhatter HUF agreed to be acquired by the Acquirer under the SPA, throughout
the PA.
Except as detailed in this Corrigendum, all other terms and contents of the Public Announcement remain unchanged.
The Acquirer and PACs accept full responsibility for the information contained in this Corrigendum and for the fulfilment
of their obligations under the SEBI (SAST) Regulations, 2011.
This Corrigendum is expected to be available on the website of the Securities and Exchange Board of India at
www.sebi.gov.in, BSE Limited at www.bseindia.com and the website of the Manager to the Offer at
www.bonanzaonline.com.
ISSUED BY MANAGER TO THE OFFER
BONANZA PORTFOLIO LIMITED
CIN: U66190DL1993PLC052280
BONANZA HOUSE, PLOT NO. M-2, Cama Industrial Estate, Walbhat Road,
BEHIND THE HUB, Goregaon (East), Mumbai - 400 063
Contact Person: Ms. Swati Agrawal/ Mr. Abhay Bansal
Tel No.: +91 22 68363773/ +91 11 40748709
Email: swati.agrawal@bonanzaonline.com/ abhay.bansal@bonanzaonline.com
Investor Grievance Email: mbgrievance@bonanzaonline.com
SEBI Registration No.: INM000012306
For and on behalf of the Acquirer and PACs,
For JBCG Advisory Services Private Limited (Acquirer)
Sd/-
Mr. Chandir Gobind Gidwani
(Director)
Sd/-
Mr. Jaspal Singh Bindra (“PAC 1”)
Sd/-
Mr. Chandir Gobind Gidwani (“PAC 2”)
Place : Mumbai
Date : September 26, 2026