7NR Retail Scraps ₹28 Crore Rights Issue Amid Low Subscription, Board Cites Strategic Reassessment

Unknown Apr 02, 2026 1,250 Views

7NR Retail Ltd has officially cancelled its ₹28.01 crore rights issue following a board resolution passed on July 22, 2025. The issue, which opened on June 23 and was extended to July 22, failed to garner sufficient investor interest, prompting the company to reconsider its capital-raising strate...