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Baazar Style Retail Limited · STYLEBAAZA
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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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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