Trading Symbol
STYLEBAAZA
Baazar Style Retail Limited has made a regulatory disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company announced that Mrs. Ushma Sheth Sule (DIN: 07460369) has tendered her resignation from the position of Non-Executive, Non-Independent Director of the Company. The resignation was submitted by email dated August 19, 2026, and is effective from the same date, August 19, 2026.
The disclosure includes Annexure A which provides specific details as required under Regulation 30 and Para A of Part A under Schedule III of the SEBI LODR Regulations, read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
According to the annexure, the reason for resignation is stated as "other commitments." Mrs. Sule has been relieved from the services of the Company effective from August 19, 2026.
Mrs. Sule has confirmed that there are no material reasons for her resignation other than those stated in her resignation email. A copy of her resignation email (Annexure B) is included with the disclosure.
In her resignation email sent on August 19, 2026, at 08:35, Mrs. Sule formally tendered her resignation from the Board of Directors as a Non-Executive, Non-Independent Director with immediate effect. She cited "other commitments that require my time and attention" as the reason for her departure.
The email was addressed to multiple board members including Rohit Kedia, Shreyans Surana, Pradeep Agarwal, Bhagwan Prasad, Dr. Dhanpat Ram Agarwal, Richa Goyal, Prashant Singhania, Saurabh Mittal, and Rishabh Jain Bikaji, with copies to SB Secretarial, SB Compliance, and Abinash Singh.
The disclosure was signed digitally by Abinash Singh, who holds the positions of Chief Compliance Officer, Company Secretary and Head - Legal & Compliance at Baazar Style Retail Limited.