Announced Sat, 4 Jul · 12:51 IST
Promoter reclassification request from shareholder with zero stake
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
+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 Ltd has received a request from Mr. Umang Vijaykumar Trivedi, currently classified as promoter, seeking reclassification to public category under SEBI LODR Regulation 31A. Mr. Trivedi already holds zero shares (0.00%) in the company. He confirmed he does not exercise control, has no board or KMP position, is not a wilful defaulter, and no regulatory action is pending. The reclassification is pending approval.
Likely market impact
Minimal market impact since the requesting individual already holds no shares; this is largely a paperwork reclassification.