Shareholding12 Sept 2026, 03:03 pm
Kinjalben Patel Acquires 45 Lakh Shares in 7NR Retail via Share Swap
AI Summary
Kinjalben Maulik Patel has disclosed the acquisition of 45,00,000 equity shares in 7NR Retail Limited through a preferential allotment on a cash-less (share swap) basis. This transaction, dated September 10, 2026, significantly increases the company's paid-up capital from Rs. 28,00,68,000 to Rs. 1,18,00,68,000. The filing is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, indicating a substantial change in shareholding.
Key Highlights
- Kinjalben Maulik Patel acquired 45 lakh equity shares in 7NR Retail.
- Acquisition was through preferential allotment on a share swap basis.
- Company's paid-up capital increased significantly post-acquisition.
- Transaction is a disclosure under SEBI Takeover Regulations.
- This represents a substantial change in shareholding structure.
Price Impact
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