Sai Silks (Kalamandir) Limited has informed the Exchange about launch of 81st store under Kanchipuram Varamahalakshmi Silks at Kakinada, Andhra Pradesh on March 14, 2026
KALAMANDIR · price
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Sai Silks (Kalamandir) Limited opened its 81st store on March 14, 2026, at Kakinada, Andhra Pradesh, under its Kanchipuram Varamahalakshmi Silks format. This is a routine disclosure made under SEBI listing regulations to keep the stock exchanges informed. The new outlet adds to the company's growing retail footprint in South India, particularly in the silk and ethnic wear segment. The company did not disclose the investment size or expected revenue contribution from this new store.
This reflects continued retail expansion, which is positive for long-term growth and brand reach, but the announcement is informational and unlikely to cause any immediate stock price movement on its own.