Oyo parent Prism gets shareholders’ nod for Rs 6,650 crore IPO

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Oyo parent Prism has received shareholders’ approval to raise up to Rs 6,650 crore through a fresh issue of equity shares as part of its proposed initial public offering (IPO), at an Extraordinary General Meeting (EGM) held on December 20, 2025.

ET reported on November 28 that Prism had called an extraordinary general meeting on December 20 to seek shareholder approval for an initial public offering to raise up to Rs 6,650 crore through fresh shares.

At the EGM, shareholders approved the proposal to undertake the IPO, subject to regulatory approvals…



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Oyo parent Prism gets shareholders’ nod for Rs 6,650 crore IPO



Oyo parent Prism has received shareholders’ approval to raise up to Rs 6,650 crore through a fresh issue of equity shares as part of its proposed initial public offering (IPO), at an Extraordinary General Meeting (EGM) held on December 20, 2025.

ET reported on November 28 that Prism had called an extraordinary general meeting on December 20 to seek shareholder approval for an initial public offering to raise up to Rs 6,650 crore through fresh shares.

At the EGM, shareholders approved the proposal to undertake the IPO, subject to regulatory approvals…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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