Announced Thu, 9 Jul · 13:30 IST
Board approves promoter Umang Trivedi reclassification to Public category
Ownership Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹5.78
prior close
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base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.6-4.0-4.8-6.4-1.7+4.0————
Up moveDown movePending
AI summary
The board of 7NR Retail on July 8 2026 approved reclassifying Mr Umang Vijaykumar Trivedi from Promoter to Public category under SEBI Regulation 31A. The outgoing promoter currently holds 0 shares (0.00 percent). No shareholder approval needed as the promoter holds under 1 percent voting rights. Reclassification is subject to BSE approval and the Board said it will not affect other shareholders.
Likely market impact
A promoter with zero shareholding is being reclassified to public category. Subject to BSE approval. Limited direct impact on shareholders expected.