Searched for
OYO SHAREHOLDERS APPROVAL
Oyo parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: SourcesHospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans t...
Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
Oyo parent Prism makes confidential filing for IPOThe company had earlier this month secured a shareholders nod to raise up to Rs 6,650 crore (around $740 million) in primary capital via th...
Oyo parent files confidential papers with Sebi, eyes Rs 6,650 crore IPO at $7–8 billion valuationOyo parent PRISM has filed confidential IPO papers with SEBI, aiming to raise up to Rs 6,650 crore at a $7–8 billion valuation. The move fo...
Oyo parent Prism gets shareholders’ nod for Rs 6,650 crore IPOOyo's parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 cro...
Oyo parent seeks shareholder nod for Rs 6,650 crore IPOPrism, Oyo’s parent, has called an EGM on December 20 to seek approval for a Rs 6,650-crore IPO and a revised bonus issue of one share for ...
Oyo’s parent PRISM initiates an increase in authorised share capital ahead of potential IPOOyo's parent company, PRISM, is boosting its share capital. This move signals advanced preparations for its upcoming Initial Public Offerin...
IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 monthOravel Stays Ltd (Oyo), gearing up for its IPO, has revealed that its board will deliberate on issuing bonus shares at a ratio of 1:1. This...
Founder Ritesh Agarwal invests Rs 830 crore in Oyo's latest funding roundPost the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97% earlier, to 32.57% post the investment, sour...
Oyo to use fresh funds for ‘enhanced business plan’ and global pushOyo's shareholder approval includes issuing Series G CCCPS shares, as per the scrutiniser's report, to raise funds and increase authorized ...
Oyo gets shareholder nod to raise Rs 417 crore via preference sharesMoody’s projects Oyo's EBITDA to reach $125 million in FY 2024-2025, inclusive of ESOP expenses. This outlook underscores the company's com...
Oyo's funding to finance global expansion, acquisitions: filingsET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary...
Court says Zostel to get option for amount equal to 7% in Oyo parent if it wins caseHC tells Oyo to inform Sebi of latest order but restrains Zostel from writing to authorities
Oyo Hotels may file draft red herring prospectus next week for $1 billion IPOThe IPO, tentatively pegged at between $1 billion and $1.2 billion, will consist of a fresh issue of shares and an offer for sale (OFS) fro...
Microsoft Corporation invests $5 million in OyoIn July, Oyo had announced raising TLB funding of $660 million (nearly Rs 4,920 crore) from global institutional investors to be utilised f...
Oyo sends letter to staff stating it's making all employees shareholdersIn April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.
Oyo founder’s $1.5 billion stock buyback plan gets CCI nodRitesh Agarwal plans to undertake a $1.5 bn stock buyback, & pump in an additional $500 mn into OYO.
Oyo founder Ritesh Agarwal set to raise stake to 30% in $2.2 billion transactionOyo boss is set to buy stake from Sequoia, Lightspeed and infuse $700 m in primary investment.
SoftBank faces Oyo riders for stake increaseThis comes at a time when Oyo has been looking to raise a new round at a valuation of over $10 billion.
OYO approves new ESOP plan with additional benefitsThe ESOP will be administered by a compensation committee formed by the board of directors, which will establish procedures for the adminis...