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…