Event Details

7NR Retail Limited held its 14th Annual General Meeting (AGM) on 7th August, 2026. The meeting was conducted through Video Conferencing (VC) / Other Audio Video Means (OAVM) and took place from 4:06 PM to 4:16 PM.

Meeting Proceedings

The meeting was originally supposed to be chaired by Mr. Dilipbhai Vithhaldas Patel, but he was unable to deliver the speech. Consequently, the Board of Directors appointed Mr. Hit Shah, Managing Director, as the Chairperson of the meeting in accordance with Secretarial Standard-2 on General Meetings.

The Chairperson confirmed the presence of requisite quorum and called the meeting to order. Mr. Hit Shah delivered a speech and made an oral presentation about the company's performance.

Resolutions Considered

The following six resolutions were put to vote during the AGM:

Ordinary Business:

1. Receipt, consideration, and adoption of Audited Financial Statements for the financial year ended 31st March, 2026, including the statement of Profit and Loss account, notes thereto, Cash Flow Statement, and reports of the Board of Directors and Auditor (Ordinary Resolution)

2. Re-appointment of Mr. Dilipbhai Vithhaldas Patel (DIN: 11661239) who retires by rotation and offered himself for re-appointment (Ordinary Resolution)

Special Business:

3. Increase in Authorised Share Capital and Alteration of the Capital clause in Memorandum of Association of the Company (Ordinary Resolution)

4. Alteration of object clause in the Memorandum of Association of the Company (Special Resolution)

5. Appointment of Mr. Hit Shah (DIN: 11828132) as Managing Director of the company (Ordinary Resolution)

6. Approval for issue of equity shares of the company on preferential basis for consideration other than cash (share swap) (Special Resolution)

Voting Process

Members who had not voted earlier were allowed to vote through the NSDL e-voting portal for 30 minutes post the conclusion of the AGM. The Chairperson informed members that consolidated results of the E-voting and remote e-Voting would be announced within 2 working days and intimated to the Stock Exchanges.

Meeting Conclusion

The meeting concluded at 4:16 PM. The disclosure is made pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015.