Ethos Limited has informed the Exchange regarding 'Relocation of Second Movement boutique'.
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Ethos Limited has relocated its Second Movement store, which deals in luxury pre-owned timepieces, from Square One Mall in Saket, New Delhi to Global Gateway, Tower B, Sector 26, Gurgaon. The new location is positioned at the border of New Delhi and Gurugram, chosen for better connectivity and access to a wider customer base. Second Movement is described as India's leading platform for luxury pre-owned watches. The move is aimed at making the pre-owned luxury watch category more accessible to collectors and enthusiasts. No financial details or revenue impact figures were disclosed in the filing.
This is a routine retail relocation with no material financial impact disclosed. Shareholders should view it as a minor operational update, unlikely to move the stock price significantly.