7NR Retail Ltd — Important, 08-07-2026: Company Update

The company's Board has approved a strategic business expansion and capital restructuring. It will increase its authorized equity share capital by Rs. 90 Cr to Rs. 118.0068 Cr, subject to shareholder approval. Simultaneously, the company plans to acquire 100% of Cultureantique Jewellery Private Limited (CJPL) for Rs. 90 Cr, which will be paid by issuing up to 9 Cr new equity shares via a share swap. This acquisition, along with an alteration to the company's Memorandum of Association, will diversify its operations into manufacturing and trading gold, silver, bullion, and jewellery, marking a significant entry into the precious metals segment.