7nr retail has scheduled a board meeting for July 8, 2026, to consider the acquisition of Cultureantique Jewellery Private Limited. The board will evaluate approving the acquisition price for up to 90,00,000 equity shares, representing 100% of the target company's shareholding. The consideration will be based on a valuation report provided by a registered valuer and will be settled through a share swap rather than cash.

The proposed transaction involves the issuance and allotment of fully paid-up equity shares to the shareholders of Cultureantique Jewellery Private Limited. This issuance will be made on a preferential basis in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The share swap ratio will be determined as per the valuation report to discharge the entire purchase consideration.

In addition to the acquisition approval, the board will discuss fixing the date, time, and venue for an Extra-Ordinary General Meeting (EGM) or an Annual General Meeting (AGM). The directors are also expected to approve the draft notice for the meeting along with the required explanatory statement.

The company has implemented a trading window closure for insiders effective from July 1, 2026. This restriction, compliant with Clause 4 of Schedule B of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, will remain in effect until 48 hours after the conclusion of the board meeting.

Agenda Details

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.