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7NR Retail Ltd Rights

4.92
(-4.65%)
Aug 7, 2025|12:00:00 AM

7NR Retail Ltd CORPORATE ACTIONS

08/08/2024calendar-icon
08/08/2025calendar-icon
PurposeAnnouncement DateRight Issue DateRecord DateRights RatioPremiumRemark
Rights26 May 20259 Jun 20259 Jun 20251:101:1 Rights Issue of Equity Shares
1:1 Rights Issue of Equity Shares Trading Members of the Exchange are hereby informed that 7NR RETAIL LIMITED has fixed Record Date for the purpose of Rights Issue of Equity Shares of the Company. The transactions in the Equity Shares of the Company should be done on Ex-Rights Basis with effect from the under mentioned date:- DEMATERIALISED SECURITIES - ROLLING SETTLEMENT SEGMENT COMPANY NAME & CODE 7NR RETAIL LIMITED (540615) RECORD DATE 09.06.2025 PURPOSE Issue of 01 (ONE) Equity Share of Rs.10/- each for cash AT PAR on Rights Basis for every 01 (ONE) Equity Share held.* Ex-Right basis from Date & Sett. No. 09/06/2025 DR-647/2025-2026 *Note: As per Terms of Payment - Full Amount of Issue Price of Rs.10/- per share is payable on Application. Trading Members of the Exchange are requested to take note of it. (As Per BSE Notice Dated on 27.05.2025) Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we hereby inform you that the meeting of the Board of Directors held today i.e. Tuesday, 22nd July, 2025 at the Registered Office of the Company situated at Godown No-1, 234/1234/2, FP 69/3, Sadashiv Kanto, B/h Bajaj Process, Narol Chokdi, Ahmedabad, Gujarat, India - 382 405, which commenced at 06:30 P.M. and concluded at 07:20 P.M. has considered and approved the cancellation of the proposed Rights Issue. The Rights Issue, which was earlier approved by the Board on 29th March, 2025, was intended to raise funds amounting to Rs. 2,800.68 Lakhs through the issuance of equity shares to existing shareholders on a rights basis. However, due to non-receipt of the minimum subscription as required under Regulation 86(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, the Company is unable to proceed with the Rights Issue. Accordingly, the Rights Issue stands cancelled in compliance with the applicable regulatory provisions (As per BSE Announcement Dated on 22/07/2025)

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