Shares of Osia Hyper Retail Limited surged, hitting 5% upper circuit at ₹23.42. The stock has more than doubled in 25 days. The company's board approved a plan to raise up to ₹650 crore through a Qualified Institutions Placement (QIP), preferential allotment of shares, and convertible warrants, which is subject to shareholder approval at an EGM on September 22, 2025.