Baazar Style Retail (Style Baazar)

Baazar Style Retail (Style Baazar) is an Indian value-retail operator [1] source: Mint. It had 263 stores at the end of FY26 [2] source: Moneycontrol. NDTV Profit reported on 28 September 2026 that Baazar Style Retail opened a Siliguri store, lifting its network to 283 [3] source: NDTV Profit.

Baazar Style Retail's FY26 revenue rose 37 percent to Rs 1,840.9 crore, with FY26 profit after tax of Rs 46.9 crore [2] source: Moneycontrol. NDTV Profit reported in October 2026 that Baazar Style fell 10%, with Q2 same-store sales growth of -25% [4] source: NDTV Profit. In September 2026 Cupid approved conversion of up to 30,00,000 warrants into Baazar Style Retail equity shares at ₹328.25 per share [5] source: Business Today. Mint reported that the conversion requires ₹73.86 crore [6] source: Mint. Cupid's approved transaction in Baazar Style Retail is ₹331.53 crore [7] source: Outlook Business. Cupid expects Baazar Style Retail to contribute ₹150 crore this fiscal [8] source: The Hindu BusinessLine. The retailer's network is projected to exceed 500 outlets within two to three years [8] source: The Hindu BusinessLine.

At the 25 September AGM, promoters voted 14.12 million of 20.79 million shares against reappointing Rohit Kedia, after two directors resigned [2] source: Moneycontrol. Cupid Ltd is an investor in the company through its warrants [1] source: Mint.