Two senior management personnel resign from Baazar Style Retail

Kmp ResignedManagement Changes View source PDF Explain this filing

STYLEBAAZA · price

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Price reactionminutes from the announcement price · days from the prior close

+7.3%Reaction day

₹257.00

prior close

₹262.15

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.4%+7.6% vs market

On the reaction day the stock moved 7.6 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+6.4

10m

+7.0

15m

+7.1

30m

+9.7

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+7.3-0.4+7.6

Next day

+29.5-1.7+31.3

+30.3-4.3+34.7

+21.2-5.1+26.4

+27.3-3.6+30.9

+30.9-5.7+36.6

+31.9-3.7+35.6

15d

+36.7+2.1+34.5

+35.3-0.1+35.4

-5.8-10.0+4.1

+15.3+2.2+13.1

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Baazar Style Retail (STYLEBAAZA) informed the exchange that two senior management personnel have resigned. Chief Operating Officer Saurav Jhunjhunwala left effective January 13, 2026, and Vice President-Category Planning Gaurav Saraogi will exit on January 31, 2026. Both cited personal reasons. The company has not announced successors.

Likely market impact

Two senior leaders exiting in quick succession may raise succession and continuity concerns among investors.