
Promoter Reclassification4 Jul 2026, 01:00 pm
7NR Retail: Promoter Seeks Reclassification to Public Category
AI Summary
7NR Retail Ltd has received a request from promoter Mr. Umang Vijaykumar Trivedi to reclassify his status from 'Promoter' to 'Public' category, as per SEBI (LODR) Regulations, 2015. Mr. Trivedi currently holds 0 shares (0.00% holding) and confirms he, along with immediate relatives, does not hold more than 10% of paid-up equity, exercise control, have special rights, or hold board/KMP positions. He also confirms no wilful defaulter status, pending regulatory actions, or fugitive economic offender status. He agrees to comply with SEBI regulations post-reclassification, including a three-year compliance period for specific clauses.
Key Highlights
- Promoter Umang Vijaykumar Trivedi requests reclassification to 'Public' category.
- Individual holds 0% equity and does not exercise control.
- Confirms compliance with SEBI LODR Regulations for reclassification.
- Reclassification is subject to SEBI approval and ongoing compliance.
Price Impact
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