7NR Retail Ltd — Updates, 26-05-2025: Company Update

7NR Retail Limited has announced a board meeting outcome that includes approval for a rights issue of 2.8 crore equity shares at Rs. 10 each, totaling Rs. 28 Cr, offering one share for every one held. The company’s authorised share capital is set to increase from Rs. 28 Cr to Rs. 56 Cr to accommodate this. M/s. S S R V & Associates have been appointed as the new statutory auditor replacing the resigning auditors, subject to member approval. Appointments of a secretarial auditor and internal auditor for the respective financial years were also approved. An Extraordinary General Meeting will be held via video conferencing to discuss these matters.