Pranav Manoj Vajani Ceases Role as Independent Director of 7NR Retail Ltd
7NR Retail Limited has announced that Mr. Pranav Manoj Vajani has completed his tenure and ceased to be an Independent Director of the company. This change occurred after completing his initial five consecutive years in the role.The completion of Mr. Vajani's first term, which spanned five years, took effect from the close of business hours on July 3, 2026. The board expressed sincere appreciation for the opportunity provided to Mr. Vajani during his one continuous term as an Independent Director at 7NR Retail Limited.
The specifics regarding this governance change have been disclosed, detailing that the cessation was due to the completion of his first five-year tenure as an Independent Director.
Key details concerning the cessation are summarized below:
| Particulars | Details |
|---|---|
| Reason for Change | Mr. Pranav Manoj Vajani ceased to be an Independent Director upon completion of his first term of five consecutive years. |
| Date of Cessation | The change took effect from the close of business hours on July 3, 2026. |
Stock Price Movement
7NR Retail Ltd. shares settled on Friday at ₹5.53, marking a 0.72% drop following the close of trade. The stock moved through its trading day, hitting a low of ₹5.50 but peaking during the session at ₹5.79.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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