NSEUpdates26 Sept 2026 · 26 Sept 2026, 10:10 pm

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Baazar Style Retail Limited · STYLEBAAZA

✦ AI SummaryFundraise

Baazar Style Retail Limited has informed the Exchange regarding allotment of 10,00,000 Securities by conversion of warrants into Equity Shares pursuant to preferential issue.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Baazar Style Retail Limited has informed the Exchange regarding allotment of 10,00,000 Securities by conversion of warrants into Equity Shares pursuant to preferential issue.

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BSRL2024_26092026220955_IntimationofConversionof10LWarrantsFinal.pdf

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Date: September 26, 2026 BSE Limited, National Stock Exchange of India Limited, Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C-1, G Block, Bandra-Kurla Dalal Street, Mumbai - 400 001. Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 544243 Trading Symbol: STYLEBAAZA Dear Sir/Madam, Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 in relation to allotment of 10,00,000 (Ten Lakh) Equity Shares pursuant to Conversion of Equity Warrants on a preferential basis Pursuant to the Regulation 30 read of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015 and other applicable regulations, if any, we wish to inform you that the Board of Directors of the Company have considered and approved the allotment of 10,00,000 (Ten Lakh ) Equity shares of face value of ₹ 05/- each, at an issue price of ₹ 328.25/-(including premium of ₹ 323.25/-) upon exercising the option available with warrant holder (belonging to the non-promoter category) to convert 10,00,000 (out of remaining 86,00,000 warrants allotted) Equity Warrants into Equity Shares. The equity shares so allotted upon conversion of warrants shall rank pari-passu in all respects, including dividend and voting rights, with the existing equity shares of the Company. The details required under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, are attached herewith as Annexure-A. For Baazar Style Retail Limited Abinash Singh Chief Compliance Officer, Company Secretary and Head - Legal & Compliance Memb. No. – A35070 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 (Details as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024) Sr. Particulars Details a. Type of securities proposed to be issued (viz. Equity Shares equity shares, convertibles etc.) b. Type of issuance (further public offering, Allotment of Equity Shares pursuant to rights issue, depository receipts (ADR/GDR), conversion of Equity Warrants, which were qualified institutions placement, preferential issued on preferential allotment. allotment etc.) c. Total number of securities proposed to be Equity Shares: 10,00,000 issued or the total amount for which the securities will be issued (approximately) d. In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s): i. Names of the Investors As per Annexure A1 ii. Post allotment of securities - outcome of the As per Annexure A1 subscription, issue price / allotted price (in case of convertibles), number of investors iii. In case of convertibles - intimation on Intimation regarding conversion of equity conversion of securities or on lapse of the warrants, allotted by the Company on tenure of the instrument September 26, 2026 into equity shares in tranches. e. In case of bonus issue, the listed entity shall disclose the following additional details to the stock exchange(s): i. Whether bonus is out of free reserves created NA out of profits or share premium account ii. bonus ratio iii. details of share capital - pre and post bonus NA issue iv. free reserves and/or share premium NA required for implementing the bonus issue v. free reserves and/ or share premium NA available for capitalization and the date as on which such balance is available vi. whether the aforesaid figures are audited; NA vii. Estimated date by which such bonus shares NA would be credited/dispatched 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 A1 Name of the Category / No. of No. of Equity Issue Price Total Allottee Status of Warrants Shares Allotted (₹) Consideration Investor Converted Received Cupid Limited Non-Promoter 10,00,000 10,00,000 ₹ 328.25/- ₹32,82,50,000/- body corporate 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