Umang Trivedi reduces stake in 7NR Retail via market sale

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.60%	+20.00%	+14.98%	+78.38%	-7.56%	+12.63%

7NR Retail Limited has scheduled an Extraordinary General Meeting (EGM) for July 11, 2026, at 3:00 PM IST. The meeting will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM) to seek shareholder approval for the appointment of Mr. Dilipbhai Vitthaladas Patel as a Non-Executive and Non-Independent Director.

The Board of Directors approved the decision to convene the EGM during a meeting held on June 18, 2026. Mr. Dilipbhai Vitthaladas Patel was initially appointed as an Additional Director on April 14, 2026, and his term expires at this General Meeting. The resolution proposes his appointment as a Non-Executive and Non-Independent Director, liable to retire by rotation, pursuant to Sections 152, 160, and 161 of the Companies Act, 2013.

Key Meeting Details

Event	Date	Time
Board Meeting	June 18, 2026	2:30 PM – 3:00 PM
Cut-off Date	July 3, 2026	-
Remote E-voting Start	July 8, 2026	9:00 AM
Remote E-voting End	July 10, 2026	5:00 PM
EGM	July 11, 2026	3:00 PM

The company has appointed National Securities Depository Limited (NSDL) as the agency to facilitate remote e-voting. Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of July 3, 2026, are eligible to vote. The facility for appointing proxies is not available due to the VC/OAVM mode of the meeting.

Mr. Gaurav Bachani, Proprietor of M/s. Gaurav Bachani & Associates, Company Secretaries, has been appointed as the Scrutinizer to ensure the voting process is conducted fairly. The regulatory disclosure was made pursuant to Regulation 30 of the SEBI (LODR) Regulation, 2015, and was signed by Chetan Kumar Ojha, Managing Director of 7NR Retail Limited.