• SENSEX 71,909.70
    -570.59 (--0.79%)
  • BANKNIFTY 54,450.75
    -182.30 (--0.33%)
Back

Corporate News

7NR Retail Limited acquires Cultureantique Jewellery Private Limited via a share swap for Rs 90 crore
10-Sep-2026, 07:19

7NR Retail Limited announced that its board approved the allotment of 90,00,000 equity shares on a preferential basis to non-promoters for consideration other than cash, via a share swap, to acquire 90,00,000 equity shares of Cultureantique Jewellery Private Limited (“CJPL”) for Rs 90 crore. As a result of the acquisition, CJPL has become a subsidiary of 7NR Retail Limited, with the company holding 100% of its equity share capital.