Investment2 April 2026 at 12:14 pm
Baazar Style Retail Ltd Allots 1 Crore 1 Lakh Equity Warrants at ₹ 328.25 Each to Cupid Limited
AI Summary
Baazar Style Retail Ltd has allotted 1,01,00,000 (One Crore One Lakh) Equity Warrants to Cupid Limited at an issue price of ₹ 328.25 per share. The warrants were issued on a preferential basis for cash consideration. The company has received 25% of the subscription amount from Cupid Limited. Each warrant is convertible. The board also approved the appointment of KPMG Assurance and Consulting Services LLP as the Internal Auditor for the Financial Year 2026-27.
Key Highlights
- Baazar Style Retail Ltd allotted 1,01,00,000 Equity Warrants to Cupid Limited
- The warrants were issued on a preferential basis for cash consideration at ₹ 328.25 per share
- Cupid Limited has paid 25% of the subscription amount
- Each warrant is convertible
- KPMG Assurance and Consulting Services LLP appointed as the Internal Auditor for the Financial Year 2026-27