7NR Retail rose 1.99% to Rs 17.90 after the company said its board has approved a 10-for-1 stock split.
The company's board proposed to split equity shares of face value of Rs 10 each into equity shares of face value of Re 1 each (10-for-1).The board also approved raising upto Rs 5 crore by preferential allotment of fresh equity shares to non-promoters (body corporates).
7NR Retail will hold an extraordinary general meeting on 21 March 2022 to seek shareholders' approval for the proposals.
Net profit of 7NR Retail soared to Rs 0.28 crore in Q3 December 2021 as against Rs 0.01 crore in Q3 December 2020. Net sales surged to Rs 9.53 crore in Q3 December 2021 as against Rs 0.76 crore in Q3 December 2020.
7NR Retail engaged in the business of branding and selling of ready made garments, suiting-shirting, fabrics and all other textile products.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app