Setu bought 5,50,000 shares of Baazar Style Retail Limited for ₹22.70 Cr at ₹412.79 apiece in a bulk deal.
A fashion retailer operating across West Bengal and Odisha, Bazaar Style Retail specializes in curated apparel and accessories for customers in eastern India. Established in 2013, the company operates physical retail outlets focused on delivering contemporary fashion products and lifestyle merchandise in its regional markets. The retailer distinguishes itself through its localized approach to specialty fashion retail, catering to evolving consumer preferences in underserved eastern Indian regions.
(Setu AIF Trust) managed by Bengaluru-based Mountain Managers Pvt Ltd with Catalyst Trusteeship as trustee. Multi-sector India fund including listed-equity investments.
