Osia Hyper Retail Limited (NSEI:OSIAHYPER) entered into a binding term sheet agreement to acquire 51% stake in Infibeam Logistics Private Limited from Infibeam Avenues Limited (BSE:539807) for INR 190 million on September 30, 2020. The deal is expected to close on or before November 15, 2020.

Osia Hyper Retail Limited (NSEI:OSIAHYPER) cancelled the acquisition of 51% stake in Infibeam Logistics Private Limited from Infibeam Avenues Limited (BSE:539807) on February 2, 2021.