The Board will consider the following agenda items:
- Approval of acquisition price for acquiring up to 90,00,000 equity shares (100% equity shareholding) of M/s. Cultureantique Jewellery Private Limited (CJPL)
- The acquisition price will be determined as per the valuation report given by the Registered valuer
- Consideration will be discharged through issuance and allotment of fully paid-up equity shares of the Company by way of swap of equity shares
- The share swap ratio will be determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations)
- The entire purchase consideration will be discharged through this share swap arrangement to the shareholders of CJPL
- Approval for offer, issue, and allotment of Equity Shares of the company on a Preferential Basis to the shareholders of CJPL
- The preferential allotment will be for consideration other than cash (share swap)
- The terms will be determined in accordance with Chapter V of SEBI ICDR Regulations
- Fixing the date, time, and venue for convening either an Extra-Ordinary General Meeting (EGM) or the Annual General Meeting (AGM) of the Company
- Approval of the draft Notice convening the meeting together with the Explanatory Statement annexed thereto
- Any other matters to be discussed with the permission of the Chairperson
Pursuant to Clause 4 of Schedule B of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Internal Procedures and Conduct for Prevention of Insider Trading in Securities, the trading window for dealing in Equity Shares of the Company by the Insiders has been closed since 1st July, 2026 and will remain closed until 48 hours after the conclusion of the board meeting.
The disclosure is signed by Dilipbhai Vitthaldas Patel, Director (DIN: 11661239) of 7NR Retail Limited.