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Baazar Style promoters voted against Rohit Kedia's reappointment at September AGM as two directors exited
Baazar Style Retail promoters voted 14.12 million of 20.79 million shares against reappointing Rohit Kedia at the 25 September AGM, after two directors resigned. FY26 revenue rose 37 percent to Rs 1,840.9 crore.
Who and when
Figures from Moneycontrol
| Opposition across all shareholders: | 77.76 percent |
|---|---|
| FY26 profit after tax: | Rs 46.9 crore |
| Stores at end of FY26: | 263 |
| Private label share of FY26 revenue: | 53 percent |
| Private label contribution target by FY27: | 65 percent |
Why the change matters
With 263 stores and private label at 53% of sales, Baazar Style's growth engine depends on steady merchandising and sourcing leadership, so rivals and suppliers should expect possible execution drift and shifting vendor or landlord terms while the Kedia reappointment and the two director exits remain unresolved.