Osia Hyper Retail hits upper circuit, board approves ₹650 cr raise
Osia Hyper Retail Ltd shares surged 5% to ₹31.35, marking 21 consecutive upper circuits. Founded in 2014, it operates 37 stores across Gujarat and Jhansi. The Board approved increasing Authorised Share Capital to ₹500 crore and a ₹650 crore capital raise via QIP, preferential equity, and warrants. EGM on Sept 22 will finalise allotments, including 11.91% to Elitecon International.