7NR Retail Approves Share Capital Increase and Acquisition

7NR Retail Ltd's Board of Directors, in a meeting held on July 8, 2026, approved a significant increase in authorized equity share capital from ₹28.01 Cr to ₹118.01 Cr. The company also approved the acquisition of 100% equity shareholding in Cultureantique Jewellery Private Limited (CJPL) for ₹90 Cr through a share swap. This acquisition will make CJPL a subsidiary of 7NR Retail. The board also approved alterations to the Memorandum of Association, including expanding business activities, and will seek shareholder approval at the upcoming AGM. Additionally, the company appointed Soni and Patel as Internal Auditors and noted a request for promoter reclassification.