
Board Meeting15 Oct 2026, 06:10 pm
Baazar Style Retail Approves Audit Committee Reconstitution, New Director
AI Summary
Baazar Style Retail Ltd announced outcomes from its Board Meeting held on October 15, 2026. Key decisions included the reconstitution of the Audit Committee and the appointment of Mrs. Binata Sengupta as an Additional Director (Non-Executive Independent) for three years, subject to shareholder approval. The company also approved the incorporation of a Wholly Owned Subsidiary for renewable energy business and the allotment of 20,00,000 equity shares upon conversion of equity warrants at ₹328.25 per share.
Key Highlights
- Audit Committee has been reconstituted.
- Mrs. Binata Sengupta appointed as Independent Director.
- Wholly Owned Subsidiary to be incorporated for renewable energy.
- 20 Lakh equity shares allotted upon warrant conversion.
Price Impact
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