Arha Online Marketing Private Limited has announced the acquisition of 1,62,00,000 equity shares in 7NR Retail Limited. This transaction, valued at 13.73% of the total diluted share capital, was conducted on a preferential basis as consideration other than cash, specifically a share swap. The acquisition took place on September 11, 2026, and has significantly altered the shareholding structure of 7NR Retail Limited.
Significant Share Acquisition Announced
Arha Online Marketing Private Limited has disclosed a substantial acquisition of equity shares in 7NR Retail Limited. The company has obtained 1,62,00,000 equity shares, representing a considerable stake of 13.73% in the total diluted share capital of 7NR Retail Limited. This strategic move was executed through a preferential allotment basis, with the consideration being other than cash, structured as a share swap.
Transaction Details
The acquisition was finalized on September 11, 2026. Prior to this transaction, Arha Online Marketing Private Limited held no shares in 7NR Retail Limited. Following the acquisition, the company’s holding has reached 1,62,00,000 equity shares, making it a significant shareholder. The total share capital of 7NR Retail Limited before this acquisition stood at ₹28,00,68,000, which increased to ₹1,18,00,68,000 post-acquisition.
Impact on Shareholding
The details provided indicate that Arha Online Marketing Private Limited now holds 13.73% of the voting rights and diluted share capital of 7NR Retail Limited. This marks a significant entry into the ownership of the target company, with potential implications for future corporate actions and strategic direction.
Source: BSE