StockWatch
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Speciality Retail
Board Meeting2 Sept 2026, 07:20 pm

Baazar Style Retail Board Approves Director Appointment & Committee Reconstitution

AI Summary

Baazar Style Retail Ltd announced board resolutions from an adjourned meeting held on September 2, 2026. Key decisions include the reconstitution of the Nomination and Remuneration Committee (NRC) and the appointment of Mr. Harish Chander Khurana as an Additional Director (Non-Executive Independent) for five years, subject to shareholder approval. Additionally, Mr. Shreyans Surana has been additionally designated as Chairman, while continuing as Managing Director. The company also resolved to withdraw civil cases against Cupid Limited & Ors. in Alipore Court for amicable resolution.

Key Highlights

  • Nomination and Remuneration Committee reconstituted.
  • Harish Chander Khurana appointed as Independent Director.
  • Shreyans Surana appointed as Chairman, retaining MD role.
  • Civil cases against Cupid Limited to be withdrawn.