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Awaiting price reaction for this filing.
Jay Ambe Supermarkets Ltd has signed a registered lease on June 3, 2026, for a new store at Shreeji Madhuram Complex in Bayad, District Arvalli, Gujarat. The leased space covers approximately 4,000 sq. ft. (Unit Nos. 1–8 and 51–58, Ground Floor, Block A) and will operate under the brand name 'City Square Mart'. The lease is with four independent individual property owners, none of whom are related to the promoters or group companies. The company states this is part of its ongoing retail expansion strategy to grow its presence and revenue base in Gujarat. No management, governance, or control changes arise from this lease.
This is a routine expansion move for a small-cap supermarket chain. It signals the company's continued store rollout in Gujarat, which is mildly positive for long-term growth, but the impact on stock price or near-term financials is likely negligible.