Baazar Style Retail544243Subsidiary or JV
Baazar Style Retail board approves wholly owned subsidiary Sunright/Sunlight for solar power, ₹1,00,000 initial subscription
By ScoutQuest · · 1 min read
99.9%Company's direct shareholding in WOS
- Initial Subscription Consideration
- ₹1,00,000 (Rupees One Lakh Only)
- Equity Shares Subscribed
- 10,000 Equity Shares of ₹10 each
- Stake Held
- 99.90% of the equity share capital (9,990 equity shares) directly
- Target
- Sunright Private Limited / Sunlight Private Limited (proposed name, entity yet to be incorporated)
- Transaction
- New Subsidiary
Baazar Style Retail board approves wholly owned subsidiary Sunright/Sunlight for solar power, ₹1,00,000 initial subscription.
Also from Baazar Style Retail
New Style Baazar store opened at Danapur, Patna, Bihar; total store count now 287
15 Oct 2026
Board approves Binata Sengupta as Independent Director, solar energy subsidiary, 20,00,000 share allotment
15 Oct 2026
Board approves warrant conversion into 20,00,000 equity shares, solar subsidiary and new independent director
15 Oct 2026
More numbers
- Initial subscription to WOS share capital₹1,00,000
- Equity shares of WOS subscribed10,000
- Face value per WOS equity share₹10
- Company's direct shareholding in WOS99.90%
- Equity shares allotted on conversion of warrants20,00,000
- Issue price per equity share on warrant conversion₹ 328.25/-
- Total consideration received on warrant conversion₹65,65,00,000/-
Source: BSE · 15 Oct 2026
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