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Oyo parent Prism clears key shareholder approvals ahead of planned public listing
Oyo parent Prism received shareholder approval to raise ₹6,650 crore via a fresh IPO and cleared a bonus share issue, marking a major step toward its planned listing.
Hospitality major Oyo’s parent company Prism has secured shareholder approval to raise up to ₹6,650 crore through a fresh issue of equity shares as part of its proposed initial public offering. The approval was granted at an Extraordinary General Meeting held on December 20, 2025, where shareholders backed the IPO plan subject to regulatory clearances and market conditions.