OYO’s parent company, PRISM, has withdrawn its previously announced bonus share proposal following investor concerns over its complexity and limited eligibility.

The company said it will soon introduce a new, simplified bonus structure that ensures equal participation for all shareholders, including both equity and CCPS holders, regardless of holding size.

In its earlier plan, PRISM had proposed one bonus share for every 6,000 equity shares held, linked to a potential IPO pathway for OYO. However, the structure required shareholders to opt in within a short window and was seen as favouring certain investor categories, drawing sharp criticism from smaller shareholders.

In a statement to CNBC-TV18, a PRISM spokesperson said, “We are not proceeding with the current resolution and will shor

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