7NR Retail Approves MOA Amendments, Acquisition of Cultureantique Jewellery

7NR Retail Ltd's Board of Directors, in a meeting held on July 8, 2026, approved significant amendments to its Memorandum of Association (MOA). Key decisions include increasing the authorized equity share capital from ₹28.00 crore to ₹118.00 crore, expanding business objectives by adding a new clause to the MOA, and acquiring 100% equity in Cultureantique Jewellery Private Limited (CJPL) for ₹90 crore through a share swap. This acquisition will make CJPL a subsidiary of 7NR Retail. The company also approved the issuance of up to 9 crore equity shares on a preferential basis for the acquisition. Additionally, the board approved the Director's Report for FY25-26 and scheduled the 14th Annual General Meeting for August 7, 2026.