7NR Retail Ltd has fixed Tuesday, 23rd August, 2022 as the Record Date, for the purpose of ascertaining the eligibility of shareholders entitled for issuance of 1 (One) Fully paid-up Equity Share of the Company having face value of Re. 1/- (Rupee One Only) each for every 1 (One) Equity Share held by the eligible existing equity shareholder in the Company on Rights basis (Rights Issue).
Rights Issue Details:
Total number of securities proposed to be issued - 11,66,95,000 Equity Shares
Face Value per equity share - Re. 1/-
Issue Price per equity share - Rs. 1.40/-
Total amount for which the securities will be issued - Rs. 16,33,73,000/-
Right entitlement ratio - 1 equity share for every 1 equity share held by the eligible equity shareholder in the Company as on record date
Terms of Payment - Full amount of Rs. 1.40/- per equity share is payable on application by eligible shareholders.