Bonanza Portfolio Limited ("Manager to the Offer") has submitted to BSE a copy of Draft Letter of Offer for the attention of the Public Shareholders of Oscar Global Ltd ("Target Company").

DRAFT LETTER OF OFFER “THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION” This Draft Letter of Offer is sent to you as a Public Shareholder(s) of Oscar Global Limited (“Target Company”). If you require any clarifications about the action to be taken, you may consult your stockbroker or an investment consultant or Manager/ Registrar to the Offer. In case you have recently sold your Equity Shares in the Company, please hand over this Draft Letter of Offer and the accompanying form of acceptance-cum-acknowledgement and Transfer Deed to the Member of the Stock Exchange through whom the said sale was effected. OPEN OFFER (“OFFER”) Contact Name Acquirer/PACs Address Email Address Details JBCG Advisory A-302, 36 Turner Road Building, Opposite Services Private Acquirer Tava Restaurant, Turner Road, Bandra West, jbcgadvisoryservices@gmail.com 9323975088 Limited Mumbai - 400050, Maharashtra. C/O Gobind Gidwani, Vasukamal 13th Floor, Mr. Chandir +91- PAC 1 14th Road, Bandra West, Mumbai - 400050, compliance.jbcg@gmail.com Gobind Gidwani 9870510758 Maharashtra. 2A/2B, Benreeza Apartment, Building No. Mr. Jaspal Singh +91- PAC 2 91/92, Abdul Gaffar Khan Road, Worli Sea ankita.k@businessmatch.in Bindra 8130060602 Face, Worli, Mumbai-400030, Maharashtra. FOR THE ATTENTION OF THE SHAREHOLDERS OF OSCAR GLOBAL LIMITED Corporate Identification Number: L51909DL1990PLC041701 Registered Office: 1/22, Second Floor, Asaf Ali Road, Central Delhi, Delhi- 110002; Contact No: 011-9810337978 / +91 9818103500; Website: www.oscarglobal.com; Email: oscar@oscar-global.com; for acquisition of up to 18,53,096 (Eighteen Lakh Fifty-Three Thousand and Ninety-Six Only) Equity Shares having face value of ₹ 10/- (Rupees Ten Only) each ('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, payable in cash, by JBCG Advisory Services Private Limited ('Acquirer') along with Mr. Chandir Gobind Gidwani (‘PAC 1’) and Mr. Jaspal Singh Bindra (‘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 provisions 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 comprises only 3.63% of the Emerging Equity and Voting Share Capital, representing 18,53,096 (Eighteen Lakh Fifty-Three Thousand Ninety-Six Only) Equity Shares held by existing Public Shareholders. Please Note: 1. This Open Offer is a Mandatory Offer, being made by the Acquirer and the PACs, pursuant to the transactions contemplated under the SPA and the SSSA, in compliance with Regulations 3(1) and 4 read with Regulation 15(1) of the SEBI (SAST) Regulations, 2011, for the acquisition of substantial shareholding and voting rights in, and control over the management of, the Target Company. 2. As on the date of this Draft Letter of Offer, no statutory approvals are required for the acquisition of Equity Shares pursuant to the Open Offer. The proposed Preferential Issue is subject to, inter alia, the approval of the Members of the Target Company and BSE Limited under Regulation 28 of the SEBI (LODR) Regulations, 2015, which approvals are separate from, and are not conditions to, the Open Offer. The Open Offer shall, however, be subject to all statutory approvals that may be required for the acquisition of Equity Shares pursuant to the Open Offer, whether required as of the date hereof or subsequently. 3. There is no differential pricing in the Offer, except in respect of 16,400 (Sixteen Thousand Four Hundred) Equity Shares of the Target Company having a face value of ₹10.00 (Rupees Ten only) each, which are partly paid-up to the extent of ₹5.00 (Rupees Five only) per Equity Share (“Partly Paid-up Equity Shares”). In accordance with Regulation 8(13) of the SEBI (SAST) Regulations, the Offer Price payable for each Partly Paid-up Equity Share shall be the Offer Price less the amount of calls-in-arrears, including interest, if any, payable in respect of such Partly Paid-up Equity Share. 4. If there is any upward revision in the Offer Price and/ or the Offer Size at any time up to 1 (One) Working Day prior to commencement of the Tendering Period i.e., Tuesday, November 17, 2026, in terms of 18(5) of the SEBI (SAST) Regulations, 2011, the same would also be informed by way of a Public Announcement in the same newspapers where the original Detailed Public Statement had appeared. 5. The Acquirer and PACs shall not withdraw the Open Offer except in accordance with Regulation 23(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, including in circumstances where statutory approvals required for the Open Offer or the underlying acquisition are refused, conditions precedent to the underlying agreement are not fulfilled for reasons beyond the control of the Acquirer and PACs and such agreement is rescinded, or such other circumstances as may be permitted by SEBI. The Open Offer is subject to receipt of statutory approvals and fulfilment of conditions precedent under the SPA and SSSA, and in the event such approvals are not received or conditions are not satisfied, the Open Offer may be withdrawn in terms of Regulation 23(1)(a) and 23(1)(b) of the SEBI (SAST) Regulations, 2011. In the event of such withdrawal, a Public announcement stating the reasons for withdrawal shall be made within 2 Working Days in accordance with Regulation 23(2) of the SEBI (SAST) Regulations, 2011. Since the Open Offer has been triggered pursuant to the proposed Preferential Issue contemplated under the SSSA and the proposed acquisition of Equity Shares pursuant to the SPA, the Acquirer and the PACs shall not be entitled to withdraw the Open Offer merely on the ground that the proposed Preferential Issue is not completed. 6. In terms of Regulation 167(2) of the SEBI (ICDR) Regulations, 2018, Equity Shares allotted on a preferential basis to proposed investors under the public category are subject to a lock-in period of 6 (Six) months from the date of trading approval. Accordingly, the proposed Preferential Allottees proposed to be allotted 1,32,06,400 (One Crore Thirty-Two Lakh Six Thousand Four Hundred) Equity Shares under the proposed Preferential Issue for cash consideration, being interested parties to the underlying triggering transactions, are not eligible to participate in the Open Offer in terms of Regulation 7(6) of the SEBI (SAST) Regulations, 2011 and applicable provisions of the SEBI (ICDR) Regulations, 2018. Any Equity Shares tendered in the Open Offer by such Preferential Allottees shall not be accepted. 7. There has been no competing offer as on the date of this Draft Letter of Offer. If there is a competitive offer, then the Offer under all subsisting bids shall open and close on the same date. 8. This Offer is not subject to a minimum level of acceptance by the Public Shareholders of the Target Company and is not a conditional offer under Regulation 19 of the SEBI (SAST) Regulations, 2011. 9. Public Shareholders, who have accepted this Offer by tendering the requisite documents in terms of the Offer Documents, shall not be entitled to withdraw such acceptance during the Tendering Period. 10. The procedure for acceptance is set out in Paragraph 9 titled as ‘Procedure for Acceptance and Settlement of the Offer’ on Page 58 of this Draft Letter of Offe [Showing first 8,000 characters — download PDF for full document]