Baazar Style Retail Incorporates Wholly Owned Subsidiary Sunright Private Limited

Baazar Style Retail Limited has incorporated a new wholly owned subsidiary named Sunright Private Limited on November 12, 2026. This subsidiary is established to undertake solar power generation projects and related activities, positioning the company within the renewable energy sector. As a newly incorporated entity, Sunright Private Limited has no prior turnover or net worth and is yet to commence business operations. The incorporation was approved by the Ministry of Corporate Affairs, and the initial share capital was subscribed in cash at face value. Sunright Private Limited is classified as a related party to Baazar Style Retail Limited.