Announced Fri, 3 Jul · 18:53 IST
Board to consider 100% acquisition of Cultureantique Jewellery via share swap
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
+1.1%1-day move
₹5.65
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.1+2.3-1.4-1.4-1.8-4.2+12.6———
Up moveDown movePending
AI summary
7NR Retail's board will meet on 8 July 2026 to consider acquiring 100% (up to 90 lakh shares) of Cultureantique Jewellery Pvt Ltd (CJPL) via a share swap. 7NR will issue its equity shares to CJPL shareholders as full consideration, with pricing based on a registered valuer's report and swap ratio to follow SEBI ICDR Regulations. An EGM or AGM will be convened for shareholder approval. Trading window is closed since 1 July 2026.
Likely market impact
Share swap may dilute existing shareholders and shift business mix toward jewellery; swap ratio and valuation will be key for the stock.