Osia Hyper Retail Limited — Important, 19-03-2025: General Updates
19-03-2025 · 12:26 am
Osia Hyper Retail Limited has announced a board meeting to clarify the outcome related to the allotment of Fully Convertible Equity Warrants. A revised outcome reflects corrections in pre-issue shareholding figures for promoters and non-promoters. The board approved the issuance of 10,52,25,000 warrants at an issue price of ₹28 each, which includes a ₹27 premium, to 12 allottees out of 28. While 25% of the consideration has been received, the paid-up share capital remains unchanged at this stage. This development may indicate a strategic move to enhance capital structure and may create a positive outlook among investors eager for growth opportunities.
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