7NR Retail has informed that after careful analysis of the current business environment which has been impacted by the COVID-19 pandemic, and in order to combat the situation arising out of continued losses, the Company has decided to close down its all-remaining stores situated at Chandkheda, C.G. Road and Ahmedabad One Mall. The Company has already intimated to stock exchange on 12.02.2021 that the Company has entered into the Commercial business of Suiting and Shirting for the better prospect of the Company.
The above information is a part of company’s filings submitted to BSE.
