Rajesh Kumar Sodhani, Priya Sodhani, and Gyan Chand Jain made an offer to acquire 26% stake in Oasis Securities Limited (BSE:512489) for INR 43.7 million on May 15, 2023. The offer per share is INR 84 for 481,000 shares. The consideration will be paid in cash and will be funded by internal funds. As of May 31, 2024, The offer per share offered is INR 90.5. As of June 10, 2024, The offer per share offered in INR 91. The offer will commence on July 6, 2023, and close on July 19, 2023. As of May 31, 2024, The offer will commence on June 12, 2024, and will close on June 26, 2024. As of June 3, 2024, the Reserve Bank of India has granted approval to the transaction. Navigant Corporate advisors acted as a manager to the offer. Cameo Corporate Services Limited acted as registrar to Rajesh Kumar Sodhani, Priya Sodhani, and Gyan Chand Jain.

Rajesh Kumar Sodhani, Priya Sodhani, and Gyan Chand Jain cancelled the acquisition of 26% stake in Oasis Securities Limited (BSE:512489) on June 26, 2024. There were nil shares tendered in the offer.