Osia Hyper Retail Limited — Board Meeting, 21-03-2025: Outcome of Board Meeting
21-03-2025 · 12:04 pm
The Board of Osia Hyper Retail Limited has approved the allotment of 2.79 crore equity shares on a preferential basis at an issue price of ₹28 per share, including a premium of ₹27. This decision follows prior shareholder approval and NSE clearance. The first tranche targets 11 out of 17 allottees, with the second tranche scheduled for a later date. Post-allotment, the company's paid-up equity share capital will rise to ₹16.11 crore. This reflects strategic efforts to bolster capital ahead of anticipated growth. Further details on allottees and share distribution are noted in the meeting outcome.
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