StockWatch
·
Speciality Retail
Shareholding12 Sept 2026, 03:01 pm

Chandrikaben Patel Acquires 45 Lakh Shares in 7NR Retail via Share Swap

AI Summary

Chandrikaben Kanubhai Patel has disclosed the acquisition of 45,00,000 equity shares in 7NR Retail Limited through a preferential allotment on a share swap basis. This transaction, conducted for consideration other than cash, has increased the company's paid-up capital. The acquisition details were filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-acquisition, the total equity share capital of 7NR Retail Limited has increased significantly.

Key Highlights

  • Chandrikaben Patel acquired 45 lakh shares in 7NR Retail.
  • Acquisition was via preferential allotment on a share swap basis.
  • Transaction involved consideration other than cash.
  • Disclosure made under SEBI Takeover Regulations.
  • Company's equity share capital has increased post-acquisition.