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7NR Retail's Board approved Mr. Umang Vijaykumar Trivedi's request to change his status from a 'Promoter' to a 'Public' shareholder. This reclassification, awaiting BSE's approval, is noteworthy as it doesn't require shareholder vote because Mr. Trivedi and related parties hold a minimal stake. The company clarified that this move won't affect other shareholders since he has no control or special decision-making power. This marks a shift in the company's shareholder structure.