Board allots 9 crore shares via share swap to acquire Cultureantique Jewellery

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Price reactionminutes from the announcement price · days from the prior close

+2.1%Reaction day

₹7.00

prior close

₹7.31

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%+2.0% vs market

Speciality Retail peers, median of 16sector-0.3%+2.4% vs sector

On the reaction day the stock moved 2.0 pts more than Nifty Microcap 250 and 2.4 pts more than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

-4.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.1+0.1+2.0-0.3+2.4

Next day

+0.0-3.2+3.2-1.3+1.3

-5.0-3.3-1.7-2.4-2.6

+0.1-2.5+2.6-1.1+1.2

+1.3-0.9+2.2-1.6+2.9

-1.4-1.1-0.4-2.3+0.8

-5.0+0.6-5.6-1.3-3.7

15d

-1.4-1.4-0.0-5.8+4.4

-1.4-3.3+1.8-8.0+6.6

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UpDownMarket · Nifty Microcap 250Sector · Speciality Retail peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board allotted 9 crore equity shares of Rs 10 face value to non-promoters through a share swap worth Rs 90 crore total. This funds acquisition of 100 percent stake in Cultureantique Jewellery Private Limited (CJPL), making it a wholly owned subsidiary. CJPL makes and trades gold and silver jewellery. Its turnover grew from Rs 40 crore in FY25 to nearly Rs 95 crore in FY26.

Likely market impact

Diversifies 7NR Retail into jewellery but causes heavy share dilution for existing shareholders. CJPL revenue growth adds long-term value.