Intimation of Branch Opening in Lucknow
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Prithvi Exchange (India) Ltd has opened a new branch in Lucknow, Uttar Pradesh, located at Sahara Plaza, Gomti Nagar. The company is a forex services provider offering foreign currencies, forex cards, and outward remittances. The company stated the new branch will offer forex services in a modern, technology-enabled setting and mentioned plans to expand its branch network across India in the near future. No specific financial figures, revenue impact, or business targets were disclosed with this announcement.
This is a routine branch expansion with no disclosed financial impact. It signals gradual network growth for a small-cap forex services company, but on its own is unlikely to materially move the stock price.