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Baazar Style Retail executes term sheet to acquire commercial space in West Bengal

08 Oct 2024 Evaluate

Baazar Style Retail has executed a term sheet intending to acquire a commercial space admeasuring 44,250 sq. ft. more or less located at PS Srijan Tech Park, West Bengal (Proposed Transaction) for a total consideration of Rs 32.5 crore (Proposed Consideration). In furtherance of the said transaction, the company has made a payment of Rs 1 crore as an advance against total proposed consideration. Final deed of the proposed transaction will be concluded in due course.

Baazar Style Retail operates in the value retail sector, offering a diverse range of both apparel and non-apparel consumer goods.

Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
Aditya Birla Life 83.43
PN Gadgil Jewellers 613.50
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