7NR Retail EGM July 11, 2026: Director Vote Details

What 7NR Retail has announced

7NR Retail Limited has announced that it will hold an Extraordinary General Meeting (EGM) on July 11, 2026. The meeting is being called to seek shareholder approval for the appointment of Mr. Dilipbhai Vitthaladas Patel as a Non-Executive and Non-Independent Director. The company has stated that the EGM will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM). This format means shareholders will participate remotely rather than in person.

The EGM notice sets out a voting window and eligibility dates that shareholders need to track. It also clarifies that the proxy facility will not be available because the meeting is being conducted through VC/OAVM. For investors, the announcement is primarily a governance event, with timelines and voting mechanics that determine who can participate and how.

EGM agenda: appointment of Dilipbhai Vitthaladas Patel

The core agenda item is the appointment of Mr. Dilipbhai Vitthaladas Patel as a Non-Executive and Non-Independent Director. The company has explicitly positioned the EGM as a forum to secure shareholder approval for this appointment. Beyond the appointment, no additional agenda items are described in the provided information.

Because this is a shareholder vote on a board appointment, the outcome depends on the voting results recorded during the e-voting window. Investors who want to participate must ensure their shareholding is captured by the cut-off date specified by the company.

When the board approved calling the EGM

7NR Retail stated that the Board of Directors approved the decision to convene the EGM at a board meeting held on June 18, 2026. The scheduled time shared for that board meeting was from 2:30 PM to 3:00 PM. This board approval set the process in motion for the EGM and the associated e-voting timeline.

This sequence matters from a disclosure perspective because it places the EGM within a documented board decision and a defined timetable. It also provides investors a reference point for when the company formally initiated the shareholder approval process.

E-voting window, cut-off date, and record date

The company has provided a clear schedule for remote e-voting and shareholder eligibility. The cut-off date, also referenced as the record date for determining eligibility, is July 3, 2026. Shareholders whose names appear in the Register of Members or in the list of beneficial owners as on that cut-off date are eligible to vote.

Remote e-voting will be available from July 8 to July 10, 2026. The e-voting window begins at 9:00 AM on July 8, 2026, and ends at 5:00 PM on July 10, 2026. This creates a defined three-day window for shareholders to submit votes ahead of the meeting.

Meeting mode and proxy rules

The EGM will be held via VC/OAVM, with the meeting scheduled for 3:00 PM IST on July 11, 2026. The company has also clarified that the facility to appoint proxies will not be available because of the VC/OAVM mode.

For shareholders, this means participation is designed around direct attendance through the VC platform and remote e-voting rather than proxy-based voting. The notice also makes it clear that the company is using a remote-voting mechanism to facilitate participation in a virtual meeting format.

NSDL appointed for remote e-voting

7NR Retail has appointed National Securities Depository Limited (NSDL) as the agency to facilitate remote e-voting. This disclosure is relevant for shareholders because it indicates the platform and service provider responsible for the e-voting process.

The company’s eligibility statement ties voting rights to the cut-off date and the corresponding register and beneficial-owner lists. Shareholders typically rely on these records to confirm their voting access and ensure their holdings are reflected correctly.

Share price snapshot: 7NR Retail on June 22, 2026

As of June 22, 2026, 7NR Retail’s share price is stated as ₹5.69. The provided update also indicates a day change of 0.00% and 0.00 for the day. This information is a point-in-time snapshot rather than a broader price trend.

While the EGM announcement is a governance event, such disclosures can still draw investor attention because they relate to board composition and shareholder approvals. However, the data provided here only confirms the price level and that it was unchanged on that day.

Recent financial context: Q4 FY26 loss, FY26 profit

The company’s board approved Q4 FY26 financial results on May 26, 2026. For Q4 FY26, 7NR Retail reported a net loss of ₹0.32 crore. For the full year FY26, the company recorded a net profit of ₹0.15 crore.

These figures provide a financial backdrop alongside the governance update. The quarterly loss and full-year profit indicate that the company’s quarterly performance and annual outcome differed within FY26, based on the numbers disclosed.

Key dates at a glance

Other disclosed corporate background

The provided information also includes earlier corporate disclosures and company background. 7NR Retail had previously approved the cancellation of a proposed rights issue due to non-receipt of the minimum subscription as required under Regulation 86(2) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The cancellation was approved at a board meeting held on Tuesday, July 22, 2025, and the disclosure also referenced that the rights issue closure date had been extended to July 22, 2025.

Separately, the company has described its business as engaging in wholesale and retail of textile products in India. It was incorporated in 2012 and is based in Ahmedabad, India.

Why this EGM matters for shareholders

The July 11, 2026 EGM is a shareholder decision focused on a board appointment, with eligibility determined by holdings as of July 3, 2026. The voting process is structured around remote e-voting between July 8 and July 10, with the meeting conducted via VC/OAVM.

From a market perspective, the only specific trading detail provided is the share price of ₹5.69 on June 22, 2026 with no change on the day. For investors tracking corporate actions, the EGM timeline and the cut-off date are the key operational details, alongside the most recently mentioned FY26 profitability and Q4 FY26 loss figures.

Conclusion

7NR Retail will hold its EGM on July 11, 2026 at 3:00 PM IST via VC/OAVM to seek shareholder approval for appointing Mr. Dilipbhai Vitthaladas Patel as a Non-Executive and Non-Independent Director. Shareholders eligible as of July 3, 2026 can vote through remote e-voting from July 8 to July 10, 2026, with NSDL facilitating the process.