Sun Retail Preferential Issue
Sun Retail allotted convertibles to one investor at Rs 1 per share under a preferential issue. The subscription outcome of 12.92 Crore shares implies Rs 12.92 Crore.
- Value
- ₹12.92 Cr
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Sun Retail allotted convertibles to one investor at Rs 1 per share under a preferential issue. The subscription outcome of 12.92 Crore shares implies Rs 12.92 Crore.
Sun Retail allotted 12,92,03,800 fully convertible equity warrants to Venece Merchandise at Rs.1.00 per warrant. The allottee has paid 25% upfront, and the warrants convert into equity shares later.
Sun Retail Ltd reported revenue from operations of ₹5.2 Cr (+642.9% YoY) and net profit of ₹0 Cr for H1 FY27.
Sun Retail Ltd allotted convertible securities under a preferential issue, with 151,614,786 shares subscribed at an issue price of Rs 1. Paid-up capital is unchanged at Rs 15.52 Crore.
Sun Retail Limited allotted 15,16,14,786 fully convertible equity warrants to five non-promoter allottees. The preferential allotment was executed at an issue price of Rs. 1.00 per warrant.
Sun Retail allotted convertibles through a preferential issue at Rs 1 each on 2 November 2026. The outcome of subscription is reported as 18,90,13,412 units.
Sun Retail allotted 18,90,13,412 fully convertible equity warrants to nine allottees on 2 November 2026 at Rs 1.00 each. The preferential issue raises about Rs 18.90 Crore.
Sun Retail intimates a board meeting on 5 November 2026 to consider unaudited standalone half-year results ended 30 September 2026. The agenda is proposed only and no results are yet approved.
Sun Retail Ltd has filed its quarterly shareholding pattern as mandated by SEBI regulations. This is a routine compliance disclosure for investor information.
Sun Retail Limited's board has approved shifting its registered office within Ahmedabad, Gujarat. The change from Thaltej Road to Ranip is effective from October 1, 2026.
Sun Retail Ltd conducted its 19th Annual General Meeting on September 30, 2026, where shareholders considered financial statements and the issuance of convertible equity warrants.
Sun Retail issued a corrigendum to its 19th AGM notice, clarifying that the meeting will be held via Video Conferencing/OAVM instead of a physical venue.
Sun Retail Limited approved a preferential issue of 46.98 crore convertible equity warrants to raise ₹46.98 Crore. These warrants are convertible within 18 months.
Sun Retail Ltd has filed its Annual Report for the Financial Year 2025-2026. The 19th Annual General Meeting is scheduled for September 30, 2026.
Sun Retail Limited has issued a notice for its 19th Annual General Meeting, scheduled for 30th September 2026. The agenda includes financial statement adoption and a preferential issue.
Sun Retail's board approved ₹46.98 Crore in preferential convertible warrants to 15 investors. A new Company Secretary was also appointed.
Two directors of Sun Retail Ltd, Mr. Dharamjit Bhupatsinh Mori (WTD & CFO) and Mr. Rajesh Chinubhai Sutaria (Non-Executive Director), have resigned from their respective positions effective immediately.
Sun Retail Limited will hold a board meeting on 08th September 2026 to consider fundraising via a preferential issue and approve the annual report.
Sun Retail Limited appointed Mr. Sanjay Patil as Managing Director and Mr. Bharatbhai Kanjibhai Patel as an Additional Non-Executive Non-Independent Director, effective August 27, 2026.
Sun Retail Ltd filed a quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period ended June 30, 2026.
Sun Retail Ltd reported revenue from operations of ₹6.5 Cr (+242.1% YoY) and a net loss of ₹0.1 Cr for H2 FY26.
Sun Retail Limited reported a total income of ₹9.66 Crore and a net loss of ₹0.16 Crore for FY2026. Auditors issued a qualified opinion regarding undocumented transactions.
Sun Retail Limited scheduled a board meeting for May 21, 2026, to approve audited financial results. The trading window remains closed until 48 hours post-declaration.
Sun Retail Limited disclosed that it does not qualify as a 'Large Corporate' under SEBI norms for FY 2026-2027. The company reported outstanding borrowings of ₹3.12 Crore as of March 31, 2026, falling below the ₹1000 Crore threshold. Consequently, requirements for mandatory incremental borrowing via debt securities do not apply.
Sun Retail Limited (BSE: 542025) announced the appointment of Mrs. Khyati Bhavya Shah as an Additional Non-Executive Independent Director effective April 16, 2026. Simultaneously, Ms. Nisha Sukhdevbhai Parmar resigned as an Independent Director. Following these changes, the Board reconstituted its Audit, Nomination and Remuneration, and Stakeholders Relationship Committees.
Mrs. Nisha Sukhdevbhai Parmar has resigned as a Non-Executive Independent Director of Sun Retail Limited, effective April 15, 2026. The resignation is due to her pre-occupation with work elsewhere, and she confirmed there are no other material reasons for her departure.
Sun Retail Ltd informed the BSE that it has no identifiable promoters as of March 31, 2026. Consequently, the annual disclosure requirements under Regulation 31(4) and 31(5) of the SEBI SAST Regulations are not applicable to the company.