Shareholding12 Sept 2026, 03:30 pm
Maulik Patel Acquires 45 Lakh Shares in 7NR Retail via Share Swap
AI Summary
Maulik 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 under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, significantly alters the company's capital structure. The paid-up capital increased from ₹28,00,68,000 to ₹1,18,00,68,000 following the allotment.
Key Highlights
- Maulik Patel acquired 45 lakh shares in 7NR Retail.
- Acquisition was via preferential allotment on a share swap basis.
- Transaction falls under SEBI Takeover Regulations.
- Company's paid-up capital increased substantially.
- Disclosure filed with BSE Limited.
Price Impact
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