Sai Silks (Kalamandir) Limited has informed the Exchange about 70th store launch
KALAMANDIR · price
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Awaiting price reaction for this filing.
Sai Silks (Kalamandir) Limited has opened its 70th store under the Kanchipuram Varamahalakshmi Silks format in Tirupati, Andhra Pradesh, on August 7, 2025. The new outlet is part of the company's ongoing retail expansion across South India. This marks a milestone in the company's store network growth. No financial details such as investment size, expected revenue contribution, or lease terms were disclosed in the filing.
The 70th store opening signals continued retail network expansion, which is positive for long-term revenue growth but may not cause an immediate stock price reaction given no financial guidance or material numbers were provided.