7NR Retail Limited Appoints New Managing Director and Chairperson
7NR Retail Limited has announced significant leadership changes following a Board of Directors meeting held on July 16, 2026. The company approved the appointment of Mr. Hit Shah as Managing Director and Mr. Dilipbhai Vithhaldas Patel as Chairperson, both effective from July 16, 2026.Leadership Appointments and Profiles
Mr. Hit Shah (DIN: 11828132) joins the leadership team as Managing Director. He is the Founder and CEO of Imagine Social. Since 2022, Mr. Shah has managed a team of over 16 professionals to assist jewelry brands with branding, content creation, social media marketing, and performance marketing.
Mr. Dilipbhai Vithhaldas Patel (DIN: 11661239) has been appointed as Chairperson. He possesses 8 to 10 years of experience in the textile industry and garments trading, bringing a customer-focused approach to his role.
Committee Reconstitutions
The company also announced the reconstitution of key internal committees effective July 16, 2026:
Audit Committee
| Sr. No. | Name of Director | Category | Designation |
|---|---|---|---|
| 1 | Ms. Krishna Hareshbhai Bhatt | Chairperson | Non-Executive and Independent Director |
| 2 | Mr. Hiral Vinodbhai Patel | Member | Non-Executive and Independent Director |
| 3 | Mr. Hit Shah | Member | Managing Director |
Stakeholders Relationship Committee
| Sr. No. | Name of Director | Category | Designation |
|---|---|---|---|
| 1 | Mr. Dilipbhai Vithhaldas Patel | Chairperson | Non-Executive and Non-Independent Director |
| 2 | Ms. Krishna Hareshbhai Bhatt | Member | Non-Executive and Independent Director |
| 3 | Mr. Hit Shah | Member | Managing Director |
Annual General Meeting Notice
The Board has issued the notice for the 14th Annual General Meeting (AGM) of the company. The meeting is scheduled to take place on Friday, August 7, 2026, at 4:00 P.M. (IST). The proceedings will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).
Stock Price Movement
7NR Retail Ltd shares settled at ₹5.67 on Thursday, climbing 4.81% after the close of trade today. The stock climbed from a low of ₹5.45 to reach an intraday high of ₹5.68.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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