7NR Retail accepts resignation of Company Secretary Purvi Agrawal

1 min read     Updated on 02 Jul 2026, 02:23 PM
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AI Summary

7NR Retail Ltd accepted the resignation of Mrs. Purvi Agrawal as Company Secretary and Compliance Officer effective July 2, 2026. The resignation was submitted due to personal reasons and confirmed there were no other material factors.

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7nr retail has accepted the resignation of Mrs. Purvi Agrawal from the position of Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on July 2, 2026. This change impacts the company's key managerial personnel structure responsible for regulatory compliance.

The company disclosed the development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was also made in accordance with Para A, Part A of Schedule III of the said regulations and a specific SEBI circular dated January 30, 2026. Chetan Kumar Ojha, Chairman & Managing Director, signed the intimation sent to BSE Limited.

Mrs. Purvi Agrawal tendered her resignation citing personal reasons as the primary cause for her departure. In her resignation letter, she confirmed that there are no other material reasons for the decision beyond those stated. She expressed gratitude to the Board of Directors for the professional experience gained during her tenure.

The company has been requested to file the necessary forms with the Ministry of Corporate Affairs (MCA) and make requisite intimations to the Stock Exchanges. The following table details the specifics of the resignation as required under the listing regulations.

Sr. No. Particulars Details
1 Name Mrs. Purvi Agrawal
2 Designation Company Secretary and Compliance Officer
3 Reason for change Resignation
4 Date of resignation From close of working hours of July 2, 2026
7 Reason for resignation Personal reasons; no other material reasons

Historical Stock Returns for 7NR Retail

1 Day5 Days1 Month6 Months1 Year5 Years
-2.29%-2.46%-4.48%+37.04%-28.48%-7.35%

Who will be appointed as the interim or permanent replacement for the Company Secretary and Compliance Officer?

How will this leadership transition impact 7nr Retail's regulatory compliance and reporting timelines?

Could the departure of a key compliance officer signal potential internal governance challenges?

Umang Trivedi reduces stake in 7NR Retail via market sale

1 min read     Updated on 22 Jun 2026, 05:04 PM
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Anirudha BScanX News Team
AI Summary

Promoter Umang Vijaykumar Trivedi reduced his stake in 7NR Retail Limited by selling 6,00,000 shares on June 19, 2026, via the stock exchange. This sale lowered his shareholding from 6.01% to 3.87%. The total equity capital remains 2,80,06,800 shares.

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Promoter Umang Vijaykumar Trivedi reduced his shareholding in 7NR Retail Limited by disposing of 6,00,000 equity shares on June 19, 2026. The transaction was executed through the stock exchange, decreasing Trivedi's stake in the company from 6.01% to 3.87%. The disclosure was submitted to BSE Limited on June 20, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this disposal, Trivedi held 16,82,862 shares carrying voting rights. Following the sale of 6,00,000 shares, which accounted for 2.14% of the total voting capital, his holding stands at 10,82,862 shares. The total equity share capital of 7NR Retail Limited remains unchanged at 2,80,06,800 fully paid-up equity shares of ₹10 each.

Shareholding Details

The table below outlines the changes in Trivedi's shareholding pattern following the transaction:

Description Number of Shares % of Total Share Capital
Holding Before Disposal
Shares carrying voting rights 16,82,862 6.01%
Disposal Details
Shares sold 6,00,000 2.14%
Holding After Disposal
Shares carrying voting rights 10,82,862 3.87%

The transaction involved no encumbrance, warrants, or convertible securities. The promoter's entire holding consists of shares carrying voting rights. The stock exchange mode of sale was utilized for this specific transaction.

Historical Stock Returns for 7NR Retail

1 Day5 Days1 Month6 Months1 Year5 Years
-2.29%-2.46%-4.48%+37.04%-28.48%-7.35%

What are the potential reasons behind the promoter's decision to reduce his stake at this time?

How might this significant reduction in promoter holding impact investor confidence in 7NR Retail Limited?

Is there a likelihood of further share sales by the promoter or other insiders in the near future?

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1 Year Returns:-28.48%