On this page
Baazar Style promoters voted against Rohit Kedia's reappointment at September AGM as two directors exited
Our read
The failed Kedia reappointment is more likely to end in a reconstituted board and a negotiated role change than a quick reversal, while the operating momentum (37% revenue growth, 263 stores) stays intact.
For operators
With 263 stores and private label at 53% of sales, Baazar Style's growth engine depends on steady merchandising and sourcing leadership, so rivals and suppliers should expect possible execution drift and shifting vendor or landlord terms while the Kedia reappointment and the two director exits remain unresolved.
Watch
Exchange filings naming new directors, an interim appointment, or further board resignations
Ask next
The report
Baazar Style Retail promoters voted 14.12 million of 20.79 million shares against reappointing Rohit Kedia at the 25 September AGM, after two directors resigned. FY26 revenue rose 37 percent to Rs 1,840.9 crore.
- Opposition to Kedia across all shareholders
- 77.76 percent
- Promoter votes against Kedia reappointment
- 14.12 million
- FY26 revenue
- ₹1,840.9 crore
- Stores at end of FY26
- 263
Who and when
From the report. Source details below
| Opposition across all shareholders: | 77.76 percent |
|---|---|
| FY26 profit after tax: | Rs 46.9 crore |
| Stores at end of FY26: | 263 |
| Private label share of FY26 revenue: | 53 percent |
| Private label contribution target by FY27: | 65 percent |