Oyo’s parent company, Prism, will hold an extraordinary general meeting on December 20, 2025, to seek shareholder approval for raising up to 6,650 crore rupee (US$744.2 million) via an IPO.

Shareholders will also vote on issuing one bonus share for every 19 existing shares, with December 5, 2025, as the record date.

The bonus shares would be distributed from the company’s share premium and reserves.

The meeting will also address increasing authorized share capital from 2,431 crore rupee (US$272.1 million) to 2,491 crore rupee (US$278.8 million) , with related amendments to the memorandum of association.

Prism, an India-based travel tech company, is making its third attempt at a public listing, with SoftBank holding a 40.5% stake.

🔗 Source: YourStory

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