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Osia Hyper Retail Announces Resignation of Independent Director Nishit Popat

Story Highlights
  • Osia Hyper Retail’s independent director Nishit Popat resigned effective January 9, 2026.
  • The resignation alters the board’s composition, drawing attention to future governance steps.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Osia Hyper Retail Announces Resignation of Independent Director Nishit Popat

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Osia Hyper Retail Limited ( (IN:OSIAHYPER) ) has provided an announcement.

Osia Hyper Retail Limited has announced the resignation of Mr. Nishit Bharatbhai Popat as a Non-Executive Independent Director, effective from the close of business on 9 January 2026, citing personal commitments and pre-occupation as the reason for his departure. The change, disclosed in compliance with SEBI’s listing regulations, adjusts the company’s board composition and may prompt investors and governance-focused stakeholders to watch for subsequent board appointments and the company’s approach to maintaining independent oversight as it continues to operate in India’s competitive retail market.

More about Osia Hyper Retail Limited

Osia Hyper Retail Limited operates in the organized retail sector, running hypermarket-format stores under the Osia Hypermart brand, primarily serving value-focused consumers in and around Ahmedabad, Gujarat, and other regions where it has a presence.

Average Trading Volume: 468,372

Technical Sentiment Signal: Sell

Current Market Cap: 2.68B INR

For an in-depth examination of OSIAHYPER stock, go to TipRanks’ Overview page.

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