StockWatch
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Speciality Retail
Shareholding12 Sept 2026, 01:31 pm

Kailashben Chandrakant Patel Acquires 45 Lakh Shares in 7NR Retail

AI Summary

Kailashben Chandrakant Patel has disclosed the acquisition of 45,00,000 equity shares in 7NR Retail Limited through a preferential allotment on a share swap basis. The acquisition was completed on September 10, 2026. This transaction increases the paid-up capital of 7NR Retail Limited from ₹28,00,68,000 to ₹1,18,00,68,000. The disclosure is made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Kailashben Chandrakant Patel acquired 45,00,000 equity shares in 7NR Retail.
  • Acquisition was via preferential allotment on a share swap basis.
  • Transaction date: September 10, 2026.
  • Company's paid-up capital increased significantly post-acquisition.
  • Disclosure filed under SEBI Takeover Regulations.