Osia Hyper Retail Limited — Board Meeting, 21-03-2025: Outcome of Board Meeting
21-03-2025 · 08:12 pm
Osia Hyper Retail Limited has announced a board meeting outcome where significant decisions were made. The board has approved the allotment of 35,00,000 equity shares at an issue price of ₹28 per share, increasing the paid-up capital to ₹16.46 crore. Additionally, 1,30,00,000 fully convertible warrants were allotted at the same price to one allottee. The company plans to shift its books of accounts within Ahmedabad. The forthcoming allotments for other allottees will occur in due course. These actions are poised to bolster the company's financial base and support future growth initiatives.
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