StockWatch
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Speciality Retail
Shareholding12 Sept 2026, 01:01 pm

Shree Nathji Cold Storage Acquires 14.4% Stake in 7NR Retail

AI Summary

Shree Nathji Cold Storage Private Limited has acquired a 14.4% stake in 7NR Retail Limited through a preferential allotment on a share swap basis. This transaction involves 1,69,92,000 equity shares and results in Shree Nathji Cold Storage holding a significant minority interest in 7NR Retail. The paid-up capital of 7NR Retail has increased substantially post-allotment.

Key Highlights

  • Shree Nathji Cold Storage acquired 14.4% stake in 7NR Retail.
  • Acquisition was via preferential allotment on a share swap basis.
  • 1,69,92,000 equity shares were allotted to Shree Nathji Cold Storage.
  • This transaction constitutes a substantial acquisition under SEBI regulations.
  • 7NR Retail's paid-up capital significantly increased post-allotment.