7NR Retail logo

7NR Retail MD, chairman, board of directors and AGM

BSE: 540615RetailingSmall Cap

Last close ₹7.11down ₹0.18 (2.47%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹7.29.

52-week range of traded prices to 23 Oct 2026
₹2.75Low, 30 Mar 2026₹7.74High, 16 Oct 2026
Market cap
₹84 Cr3,971st largest listed
P/E
60.6
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
4.8%
ROCE
2.1%
Debt to equity
0.16
Volume, BSE
1,40,160

7NR Retail board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorChetan Kumar Ojha

5 directors3 independent1 executive1 non-executive

  • Chetan Kumar Ojha · Chairperson and managing directorExecutive · joined Feb 2025 · reappointed Sep 2025 · 1 listed board · 4 committee seats
  • Hiral Vinodbhai PatelIndependent · joined Feb 2025 · 16 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 1 as chair
  • Pranav Manoj VajaniIndependent · joined Jul 2021 · 59 months as independent · 3 listed boards · 3 as independent · 2 committee seats
  • Krishna Hareshbhai BhattIndependent · joined Aug 2025 · 10 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 3 as chair
  • DILIPBHAI VITTHALDAS PATELNon-executive · joined Apr 2026 · 1 listed board · 1 committee seat, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

4 directors who left
  • Avantinath Anilkumar Raval, left 14 Apr 2026: Others
  • TARACHAND GANGASAHAY AGRAWAL, left 5 Feb 2025: Others
  • JITENDRA PRADIPBHAI PARMAR, left 5 Feb 2025: Others
  • ZIRAL PANKAJKUMAR SONI, left 5 Feb 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 18 Jun 20265 of 5 present3 independent
    • 26 May 20265 of 5 present3 independent · 41 days in between
    • 14 Apr 20265 of 5 present3 independent · 3 days in between
    • 10 Apr 20265 of 5 present3 independent · 56 days in between
    1 earlier meeting
    • 12 Feb 20265 of 5 present3 independent
  • Audit Committee

    Chair Krishna Hareshbhai Bhatt

    Hiral Vinodbhai Patel, Chetan Kumar Ojha

    • 26 May 20263 of 3 present2 independent · 41 days in between
    • 12 Feb 20263 of 3 present2 independent
  • Nomination and remuneration committee

    Chair Krishna Hareshbhai Bhatt

    Hiral Vinodbhai Patel, DILIPBHAI VITTHALDAS PATEL

    • 14 Apr 20263 of 3 present2 independent · 60 days in between
    • 12 Feb 20263 of 3 present2 independent
  • Stakeholders Relationship Committee

    Chair DILIPBHAI VITTHALDAS PATEL

    Krishna Hareshbhai Bhatt, Chetan Kumar Ojha

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • SSRV & ASSOCIATESPeer-review certificate valid to Jun 2027
1 earlier auditor
  • Aniket Goyal & AssociatesNamed in the filing for the quarter to Mar 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

7NR Retail AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.7NR Retail dividend history

Annual general meeting, 7 Aug 2026

32,640 shareholders on the register on 31 Jul 2026; present: 0 promoters and 43 others; votes counted by Jay Pandya / Jay Pandya & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31st March, 2026 and Statement of Profit and Loss together with the notes forming part thereof and Cash Flow Statement for the financial year ended on that date, and the reports of the Board of Directors ("The Board") and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 28.84% · promoters 0.00% · institutions 0.00% · other public 28.84%

  2. To appoint Mr. Dilipbhai Vithhaldas Patel (DIN: 11661239), who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 28.84% · promoters 0.00% · institutions 0.00% · other public 28.84%

  3. Increase in Authorised Share Capital and Alteration ofthe Capital clause in Memorandum of Association of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 28.84% · promoters 0.00% · institutions 0.00% · other public 28.84%

  4. Alteration of object clause in the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 28.84% · promoters 0.00% · institutions 0.00% · other public 28.84%

  5. Appointment of Mr. Hit Shah (DIN: 11828132) as Managing director of the company
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 28.84% · promoters 0.00% · institutions 0.00% · other public 28.84%

  6. To approve issue of equity shares of the company on preferential basis for consideration other than cash (share swap)
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 28.84% · promoters 0.00% · institutions 0.00% · other public 28.84%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Tax disputeGSTSince 13 Jan 2025
    Appeal Submitted
    At the filing before: Appeal filed on 11th April 2025 against demand order issued for FY 2017-18 to the Company under Section 74 read with Section 122 of CGST Act, on account of confirmation of demand based on allegation that company is involved in passing fake ITC by issuing invocies to non -existent entities without actual supply of goods or services of INR 2414196 alongwith penalty of equivalent amount.MoreLess
  • Tax disputeIncome TaxSince 20 Mar 2024
    As of now, the matter remains pending.
    At the filing before: For the AY 2018-19, a demand was raised against the Company under Section 147 of Income Tax Act 1961, amounting to Rs. 330270
  • Tax disputeIncome TaxSince 30 Mar 2024
    As of now, both the matter remains pending, Appeal is filed for first demand.
    At the filing before: For the AY 2019-20, two separate demands were raised against the Company. The first demand, under Section 147 of Income Tax Act 1961 amounting to Rs. 19,36,923. While the second demand, the second demand under Section 115-O of Income Tax Act 1961, amounting to Rs.1,19,138 Aggrieved by the demand, the assessee filed an appeal to the Joint Commissioner (Appeals) on 26th June 2023. This matter is still pending.MoreLess
  • Tax disputeIncome TaxSince 8 Aug 2023
    As of now, the matter remains pending.
    At the filing before: For AY 2022-23, a demand was raised against the Company under Section 154 of Income Tax Act 1961 amounting to Rs.8,740.
  • Tax disputeIncome TaxSince 2 Feb 2026
    Appeal Submitted
    At the filing before: For AY 2017-18, a demand was raised against the Compamy under Section 144 of Income Tax Act 1961 amounting to Rs. 88,08,485 including tax and interest demand pertaining to Section 68 and 69C of Income Tax Act 1961.MoreLess
  • Tax disputeIncome TaxSince 29 Jun 2026
    Proceedigs yet to start
    At the filing before: For AY 2022-23, re-assessment proceedings under Section 147 of Income Tax Act 1961 are initiated holding that the assessee failed to substantiate that ₹1,63,83,820 crore represented genuine loan repayment or explain the source of funds. Relying on availble information, the AO formed a prima facie belief of escapement of income.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

At most 1 complaint open, quarter to Mar 2025.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.