Baazar Style Retail WTD Rohit Kedia resigns citing personal reasons

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Baazar Style Retail Limited announced the resignation of Whole-Time Director Rohit Kedia effective September 24, 2026
  • Kedia cited personal reasons and other commitments as the sole grounds for his departure
  • The disclosure was filed under Regulation 30 of SEBI LODR Regulations with BSE and NSE
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Baazar Style Retail Limited announced on September 24, 2026, that Rohit Kedia has resigned from his position as Whole-Time Director. The resignation is effective immediately from the same date.

Kedia cited personal reasons and other commitments as the primary drivers for his departure. He confirmed to the Board that there were no other material reasons for the resignation beyond those stated in his letter.

Regulatory Disclosure Details

The company filed this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited.

Key details from the disclosure include:

  • Resigning Director: Rohit Kedia (DIN: 06562024)
  • Position: Whole-Time Director
  • Effective Date: September 24, 2026
  • Reason: Personal reasons and other commitments
  • Other Material Reasons: None stated

The Company Secretary and Head of Legal & Compliance, Abinash Singh, signed the disclosure on behalf of the board. The company has requested the stock exchanges to take the information on record.

Historical Stock Returns for Baazar Style Retail

1 Day5 Days1 Month6 Months1 Year5 Years
-2.60%+1.09%-1.04%+30.92%+23.69%-3.99%

Who has been appointed to succeed Rohit Kedia as Whole-Time Director, and what is their strategic background?

How will Kedia's immediate departure impact the execution of Baazar Style Retail's current operational or expansion initiatives?

Are there any pending regulatory filings or board resolutions regarding the redistribution of Kedia's specific committee responsibilities?

Style Baazar wins Guinness World Record for largest fashion wardrobe

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Baazar Style Retail Limited won a Guinness World Recordâ„¢ for its 50 ft × 25 ft wardrobe installation
  • The event was held at City Centre 1, Kolkata, with attendance from West Bengal's Chief Minister and Finance Minister
  • Style Baazar currently operates 282 stores across 10 states with a target to reach 500 outlets
  • The installation supports the launch of the retailer's largest festive season collection
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Baazar Style Retail Limited has been awarded a Guinness World Record™ title for creating the World's Largest Fashion Wardrobe. The installation, measuring 50 feet × 25 feet, is located at City Centre 1 in Salt Lake, Kolkata.

The company disclosed the achievement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record recognizes the unique scale of the wardrobe, which serves as a centerpiece for the retailer's festive season campaign.

Event Details and Leadership Presence

The unveiling ceremony took place on September 11, 2026. The occasion was attended by senior government officials from West Bengal, highlighting the regional significance of the initiative.

Key dignitaries present included:

  • Shri Suvendu Adhikari, Hon'ble Chief Minister of West Bengal
  • Dr. Swapan Dasgupta, Hon'ble Finance Minister, Government of West Bengal
  • Shri Manoj Kumar Agarwal, Chief Secretary, Government of West Bengal

Mr. Shreyans Surana, Chairman & Managing Director, stated that the initiative aims to reflect the joyful and inclusive spirit of the festive season. He noted that the wardrobe symbolizes personal expression and celebration, aligning with the cultural ethos of Durga Puja in Kolkata.

Operational Context

Style Baazar operates 282 stores across 10 states. The company plans to expand this network to 500 stores. The retail chain focuses on value fashion for men, women, and children, alongside accessories and home utility products.

The installation will remain open to visitors from September 11 to September 13, 2026, between 12:00 pm and 8:00 pm. This marketing effort coincides with the launch of the company's largest festive collection, featuring traditional and contemporary styles.

Historical Stock Returns for Baazar Style Retail

1 Day5 Days1 Month6 Months1 Year5 Years
-2.60%+1.09%-1.04%+30.92%+23.69%-3.99%

How is Baazar Style Retail planning to leverage the Guinness World Record achievement to drive footfall and sales across its 282 existing stores during the festive season?

What specific capital allocation or financing strategies will the company employ to support its aggressive expansion plan from 282 to 500 stores?

Will this marketing initiative influence the company's pricing strategy or inventory mix for its upcoming festive collection of traditional and contemporary styles?

More News on Baazar Style Retail

1 Year Returns:+23.69%