STYLEBAAZABSEBAAZAR STYLE RETAIL LTDMediumNeutral
Announced Sat, 18 Jul · 20:54 IST

Company files two civil suits against Cupid Limited, claims about Rs 28.18 crore

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AI summary

Baazar Style Retail filed two civil suits against Cupid Limited at the Alipore court in West Bengal. The first suit seeks declaration and consequential reliefs with a claimed decree of about Rs 28.18 crore. The second suit seeks an injunction against defamatory allegations, and an interim injunction was passed on 17 July 2026. The company says no immediate adverse financial impact is expected, aside from legal and incidental expenses.

Likely market impact

Company is the plaintiff in both suits. The about Rs 28.18 crore is a receivable claim, not a liability. Interim injunction secured in defamation case. No material near-term financial impact expected.