Voting Result of Annual General Meeting of the Company
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
7NR Retail Limited held its AGM on 10th September 2025 via video conferencing (4:01 PM to 4:17 PM) and all 7 resolutions were passed with overwhelming shareholder support (over 99% in favour on each). The resolutions covered: adoption of audited FY25 financial statements, re-appointment of Managing Director Chetan Kumar Ojha, appointment of M/s. SSRV & Associates as new statutory auditor, appointment of M/s. Jay Pandya & Associates as secretarial auditor for 5 years, regularization of Ms. Krishna Bhatt as Independent Director, cancellation of a prior EGM resolution on authorised share capital increase, and approval of material related party transactions with M/s. Stitched Textile Limited. Out of 35,514 total shareholders, only 1 promoter and 40 public shareholders attended virtually. Public participation was very low — only about 5.7% of public shares (1.44 lakh out of 2.52 crore shares) were voted. Promoters (28.13 lakh shares) voted in favour on all resolutions except the related party transaction, where they abstained as interested parties. Scrutinizer Gaurav V Bachani issued the report on 12th September 2025.
The resolutions are largely routine (auditor and director appointments, financial statement adoption), indicating normal corporate governance. The cancellation of a prior share capital increase resolution and approval of a related party transaction with Stitched Textile Limited are the items worth watching, as they reflect changes in capital plans and inter-group dealings. Low public shareholder turnout (5.7%) means results were heavily driven by promoter voting.