7NR Retail Limited has received approval from BSE Limited for the reclassification of Mr. Umang Trivedi from the ‘Promoter’ category to the ‘Public’ category. This action is in accordance with Regulation 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has enclosed the No Objection Certificate (NOC) received from the stock exchange.
Shareholder Reclassification Approved for 7NR Retail
7NR Retail Limited announced today, August 21, 2026, that it has received formal approval from BSE Limited for a significant shareholder reclassification. Mr. Umang Trivedi, previously categorized under the ‘Promoter’ group, will now be reclassified as a shareholder in the ‘Public’ category. This change is effective immediately and aligns with the company’s compliance with regulatory requirements.
Regulatory Compliance
The reclassification process was initiated following an application made by the company on July 9, 2026. This move is in direct adherence to the provisions laid out under Regulation 30 and 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. BSE Limited has granted its no-objection for this request, as documented in the approval letter enclosed with the company’s filing.
Details of Reclassification
As per the filing, Mr. Umang Trivedi held 0 shares, representing 0.00% of the company’s shareholding under the promoter category prior to this reclassification. The company has stated that the approval letter and No Objection Certificate (NOC) from BSE Limited have been duly submitted and requests that this information be taken on record.
Source: BSE
