Outcome of Board Meeting

Date: September 2, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Plot No. C-1, G Block, Bandra-Kurla Mumbai - 400 001 Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 544243 Trading Symbol: STYLEBAAZA Dear Sir/Madam, Subject: Outcome of the Adjourned Board Meeting held on September 2, 2026 Pursuant to Regulations 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we wish to inform you that the Board of Directors of the Company (“Board”), at its adjourned meeting held today, i.e. Wednesday, September 2, 2026, has, inter alia, considered and approved the following matters: 1. Reconstitution of the Nomination and Remuneration Committee (“NRC”) This is with reference to the intimation dated August 20, 2026, the Board has reconstituted NRC Committee in accordance with applicable regulatory requirements. Pursuant to Regulation 19 read with Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI LODR Regulations"), we wish to inform you that the Board of Directors of the Company at its adjourned meeting held today, has approved the reconstitution of the Nomination and Remuneration Committee with effect from September 2, 2026. Accordingly, post reconstitution, the composition of the Nomination and Remuneration Committee with effect from September 2, 2026, is as follows: Sr. Name Position in Category of Directorship No. Committee 1. Mr. Saurabh Mittal Chairman Non-Executive Independent Director 2. Mr. Rishabh Narendra Jain Member Non-Executive Independent Director 3. Dr. Dhanpat Ram Agarwal Member w.e.f. Non-Executive Independent Director September 2, 2026 2. Appointment of Independent Director on the Board of the Company Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the appointment of Mr. Harish Chander Khurana (DIN: 11473818) as an Additional Director in the category of Non-Executive Independent Director of the Company for a term of five (5) years w.e.f. September 2, 2026 subject to approval of Shareholders of the Company. Mr. Harish Chander Khurana is not related to any Director of the Company. He satisfies the criteria of independence as prescribed under the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. Baazar Style Retail Limited PS Srijan Tech Park, DN-52, 12th Floor, Sector-V, Salt Lake, North 24 Parganas, West Bengal 700091 t: (033) 61256125 e: info@stylebaazar.com www.stylebaazar.in CIN No: L18109WB2013PLC194160 The details as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, for the appointment of the above Director is annexed as Annexure A. 3. Additional Designation of Mr. Shreyans Surana (DIN: 02559280) as the Chairman of the Company Pursuant to a resolution passed in the adjourned meeting of the Board of Directors of the Company held today, Mr. Shreyans Surana (DIN: 02559280), Managing Director of the Company, has been additionally designated as the Chairman of the Company with effect from September 2, 2026. Accordingly, he shall continue to hold the office of Managing Director while also serving as Chairman of the Company. Consequent to the above, Mr. Rohit Kedia (DIN: 06562024), who was earlier serving as Chairman and Whole-Time Director of the Company shall, continue to hold office as Whole-Time Director of the Company. The details as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, for the re- designation of the above Director is annexed as Annexure B. 4. Settlement of cases filed by the Company before Civil Judge (Senior Division), Alipore Court, against Cupid Limited & Ors. Further to the intimation by the company dated July 18, 2026 relating to the cases instituted by the company against Cupid Limited & Ors., pursuant to a resolution passed by the Board of Directors of the Company in the meeting held today, the cases being T.S. 1020 of 2026 and T.S. 1015 of 2026 pending before the Civil Judge (Senior Division), Alipore Court, shall be withdrawn by the company as it is engaging constructively with Cupid Limited toward an amicable resolution of all outstanding matters, in a manner that serves the commercial interests of the Company and all its stakeholders.. The details of the aforesaid proceedings, including brief particulars and the expected financial implications, are provided in Annexure C enclosed herewith. The meeting commenced at 2:30 P.M. (IST) and concluded at 04:23 P.M. (IST). We request you to kindly take the aforesaid information on record. For Baazar Style Retail Limited Abinash Singh Chief Compliance Officer, Company Secretary and Head - Legal & Compliance Encl: As above Baazar Style Retail Limited PS Srijan Tech Park, DN-52, 12th Floor, Sector-V, Salt Lake, North 24 Parganas, West Bengal 700091 t: (033) 61256125 e: info@stylebaazar.com www.stylebaazar.in CIN No: L18109WB2013PLC194160 Annexure A Disclosure as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details 1. Reason for change viz. appointment (re- Mr. Harish Chander Khurana (DIN: 11473818) designation), reappointment, resignation, has been appointed as an Additional Director removal, death or otherwise; (Non-Executive Independent Director) for a consecutive term of five years, subject to the approval of the shareholders of the Company. 2. Date of appointment (re-designation)/ September 2, 2026. reappointment/ cessation (as applicable) & term of appointment/re-appointment Term of Appointment – Appointment of Harish Chander Khurana as an Additional Director in the category of Non-Executive Independent Director effective from September 2, 2026. The term of his appointment as an Independent Director shall be for a period of five (5) consecutive years, subject to the approval of shareholders, as per statutory and regulatory requirements. 3. Brief profile (in case of appointment) Mr. Harish Chander Khurana is a seasoned banking professional with over 35 years of experience in banking operations, asset recovery, corporate relationship management, governance, and risk management. He retired from Bank of India in September 2022 after serving in various leadership roles, including Recovery Officer, Relationship Manager, Branch Manager, and Public Relations Officer. He is a CAIIB-qualified banker and holds a B. Com (Hons.), M. Com, M.A. (Hindi), and a Diploma in Cyber Law. He brings extensive expertise in governance, compliance, and strategic leadership. 4. Disclosure of relationships between Mr. Harish Chander Khurana is not related to any directors (in case of appointment of a Director of the Company and fulfils the criteria of director) independence prescribed under the Companies Act, 2013, and the Listing Regulations. Baazar Style Retail Limited PS Srijan Tech Park, DN-52, 12th Floor, Sector-V, Salt Lake, North 24 Parganas, West Bengal 700091 t: (033) 61256125 e: info@stylebaazar.com www.stylebaazar.in CIN No: L18109WB2013PLC194160 Annexure B Disclosure as required under Regulation 30 of the SEBI LODR Regulations read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 Sr. Particulars Details 1. Reason for change viz. appointment (re- Mr. Shreyans Surana (DIN: 02559280), designation), reappointment, resignation, Managing Director of the Company has been removal, death or otherwise; additionally designated as the Chairman of the Company with effect from September 2, [Showing first 8,000 characters — download PDF for full document]