Sri Narsingh Infrastructure Private Limited, a promoter of Baazar Style Retail , has declared that it and the promoter group did not encumber any shares directly or indirectly during the financial year ended March 31, 2026. The disclosure confirms that the promoter's shareholding remains free from charges such as pledges or hypothecation for the specified period, ensuring stability in the ownership structure of the company.

The declaration was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on their holdings to ensure transparency and protect the interests of minority shareholders.

Filing Details

The communication was addressed to the Department of Corporate Services at BSE Limited and the Listing Department at National Stock Exchange of India Limited. The document was signed by Pradeep Kumar Agarwal, Director of Sri Narsingh Infrastructure Private Limited, on behalf of the promoter and promoter group on April 03, 2026.

A copy of the declaration was also marked to the Audit Committee of Baazar Style Retail Limited for their records and internal governance purposes.

Baazar Style Retail expanded its retail footprint by opening a new Style Baazar store in Bhawanipatna, Odisha on June 26, 2026. This strategic expansion increases the company's total operational stores to 277, strengthening its presence in the eastern region.

The disclosure regarding the store opening was submitted to the stock exchanges in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Abinash Singh, Chief Compliance Officer, Company Secretary, and Head - Legal & Compliance.

The new outlet operates under the Style Baazar brand. Baazar Style Retail also operates stores under the Xpress Baazar brand. The company is registered with the Corporate Identification Number L18109WB2013PLC194160 and is headquartered at PS Srijan Tech Park in Salt Lake, Kolkata.

The filing confirms that the information was submitted to both BSE Limited and the National Stock Exchange of India Limited for necessary record-keeping.