Baazar Style Retail Approves FY 2026 Results and Allots Equity Shares to Cupid Limited
Baazar Style Retail Limited announced key operational updates following its Board Meeting held on May 18, 2026. The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and the year ended March 31, 2026, alongside the formal allotment of equity shares through a preferential process.The company's Board of Directors also considered the proposal for stock split/subdivision of equity shares and alterations to the Authorized Share Capital, deciding to keep the matter under evaluation for a future Board meeting.
Equity Share Allotment Details
The Board of Directors approved the allotment of 15,00,000 equity shares of the Company. This allotment is made pursuant to the conversion of existing Equity Warrants on a preferential basis.The details of the allotment are as follows:
- Allottee: Cupid Limited (Non-Promoter body corporate)
- Shares Allotted: 15,00,000 Equity Shares
- Warrants Converted: 15,00,000
- Face Value: ₹ 05/- each
- Issue Price: ₹ 328.25/- (inclusive of a premium of ₹ 323.25/-)
- Total Consideration: ₹ 36,92,81,250/-
The equity shares issued upon this conversion shall rank equally in all respects, including dividend and voting rights, with the Company's existing equity shares.
Financial Results and Performance Summary
The Board approved the Audited Standalone and Consolidated Financial Results for the year ended March 31, 2026. The company provided a summary of its performance metrics for the year, as presented in the audited financial statements.The following table outlines key figures for the consolidated financial results:
| Financial Metric | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Total Income | 45,763.44 | 46,417.05 |
| Purchase of Stock-in-Trade | 49,664.45 | 24,761.44 |
| Total Expenses | 4A,102.07 | 35,652.29 |
| Profit/(Loss), after tax | (2,554.50) | 1,895.37 |
| Total Comprehensive Income | 2,511.14 | 1,907.66 |
| Paid-up Equity Share Capital (Face Value) | 3,710.87 | 3,130.47 |
| Total Equity and Liabilities | 1,88,259.08 | 7,15.412.46 |
Note: The statement of cash flows for the year ended March 31, 2026, showed a Net Cash from Operating Activities of ₹ 12,550.45. The net cash flow from Investing Activities was (₹ 14,544.55), and the net cash flow from Financing Activities was (₹ 1,558.38).
Standalone Financial Highlights
The standalone figures for the quarter and year ended March 31, 2026, also reflect the approval of the audited results. The company's total expenses were reported at ₹ 4A,102.07 for the year ended March 31, 2026, compared to ₹ 35,652.29 in the previous year.Consolidated Balance Sheet (Select Assets & Liabilities)
| Item | March 31, 2026 | March 31, 2025 |
|---|---|---|
| Property, Plant and Equipment | 33,958.40 | 25,342.99 |
| Total Non-Current Assets | 1,01,503.13 | 1,08,748.88 |
| Cash and Cash Equivalents | 7,252.47 | 5,815.12 |
| Total Assets | 83,555.95 | 66,663.58 |
| Total Equity and Liabilities | 1,88,259.08 | 1,75,412.46 |
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Disclaimer: This article is based solely on the financial data and corporate actions detailed in the provided source material and does not constitute financial advice.
STYLEBAAZA Stock Price Movement
Baazar Style Retail Limited shares today slipped by 6.31% to close at ₹370.05. The equity settled amidst trading activity, recording a substantial total volume of 887,627 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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