OYO Parent PRISM Gets Shareholder Nod for ₹6,650 Cr IPO

• OYO's parent company, PRISM, received shareholder approval for its proposed IPO.
• The company plans to raise up to ₹6,650 crore from the market.
• Approval was granted at an EGM on December 20, 2025, with 100% valid votes for the IPO resolution.
• Shareholders also approved a 1:19 bonus share issue and other pre-listing proposals.
• PRISM's operating performance is improving, with FY25 revenue at ₹6,253 crore and profit at ₹244.8 crore.

Why It Matters: PRISM, OYO's parent, secured shareholder approval for a ₹6,650 crore IPO amid improving financials.