Baazar Style Retail disclosed that promoter Rajendra Kumar Gupta HUF sold 75,000 equity shares on August 19, 2026, followed by another sale of 75,000 shares the next day.

The transactions were executed on the National Stock Exchange under Regulation 7(2)(b) of the SEBI Prohibition of Insider Trading Regulations, 2015.

Transaction Details

The promoter reduced its holding through two market sell orders in consecutive trading sessions.

The disclosure was submitted to both BSE and NSE on August 21, 2026, by Chief Compliance Officer Abinash Singh.

What the Numbers Show

The promoter’s stake fell from 3.61% to 3.41% over two days, reflecting a total disposal of 1.5 lakh shares. The average transaction value rose slightly between the two days, indicating marginal price appreciation during the sell-off.

Baazar Style Retail accepted the resignations of independent directors Mrs. Richa Manoj Goyal and Mr. Prashant Singhania effective August 20, 2026. Both directors cited professional commitments as the reason for stepping down.

The company disclosed the changes under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignations were submitted via email on August 20, 2026.

Committee Changes

Mrs. Goyal ceases to be Chairperson of the Stakeholders and Relationship Committee. Mr. Singhania steps down from the Nomination and Remuneration Committee and the Corporate Social Responsibility Committee.

Both directors confirmed there are no material reasons for their resignations other than those stated in their letters.

Other Directorships

Mrs. Goyal holds independent director positions at Acutaas Chemicals Limited, Waaree Energies Limited, Steamhouse India Limited, Bikaji Foods International Limited, Skipper Limited, and Ganesh Consumer Products Limited.

Mr. Singhania serves as an independent director at Glen Industries Limited, where he is also a member of the Audit Committee and the Nomination and Remuneration Committee.