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Cupid CMD buys 5.91% in Baazar Style Retail as retailer holds 276-store network
Baazar Style Retail shares rallied after Cupid CMD Aditya Kumar Halwasiya bought a 5.91% stake. The eastern India retailer opened a Bolpur store, closed Raiganj, and retained 276 outlets; Cupid’s warrant deal could support FMCG distribution expansion.
Reported figures
From the report. Source details below
| Intraday high: | Rs 423.80 |
|---|---|
| Record high: | Rs 426.85 on May 13, 2025 |
| Aditya Kumar Halwasiya acquired 45 lakh shares, or | 5.91% |
| Cupid warrants: | 1.01 crore at Rs 328.25 each |
| Warrant issue value: | Rs 331.53 crore |
| Cupid potential stake after conversion: | 11.92% |
Also in the report
- Shares rose 21.52% over four sessions
The source
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