Baazar Style Retail Receives ₹23.00 Crore Insurance Settlement for Warehouse Fire Loss
Published on: April 16, 2026, 9:32 a.m. | Source: scanx.trade
Baazar Style Retail Limited has received ₹23.00 crores as insurance settlement from Bajaj Allianz General Insurance for inventory loss from a May 2024 warehouse fire. The incident at the company's West Bengal facility resulted in total inventory loss of ₹50.85 crores. The company maintained operational continuity by transitioning to a new warehouse facility within a month of the incident.
