7NR Retail Limited has submitted a regulatory intimation to BSE Limited regarding an upcoming meeting of its Board of Directors. The meeting is scheduled to be held on Thursday, September 10, 2026.
The primary agenda for the board meeting includes:
- To take on record the in-principle approval received from BSE Limited for the issue and allotment of 9,00,00,000 (Nine Crore) equity shares on a preferential basis.
- To issue and allot 9,00,00,000 (Nine Crore) equity shares of the face value of ₹10/- (Rupees Ten) each on a preferential basis. The consideration for these shares will be other than cash, specifically by way of a share swap.
- The shares will be allotted to the members of Cultureantique Jewellery Private Limited (CJPL). This allotment serves as the discharge of the purchase consideration for the acquisition of shares of CJPL by 7NR Retail Limited.
- The board may also consider any other business with the permission of the chair.
The disclosure is made in accordance with Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The communication is digitally signed by Hit Shah, Managing Director (DIN: 11828132), on behalf of 7NR Retail Limited.
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