TVS Srichakra Limited has informed the Exchange regarding a press release dated March 31, 2026, titled "Launching of Exclusive Retail Outlet in Ludhiana which will be Company s 14th signature store in India".
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TVS Srichakra Limited, maker of Eurogrip tyres for 2-wheelers and 3-wheelers, has opened its 14th exclusive retail outlet in Ludhiana, Punjab under the brand name Eurogrip. The new store offers the full range of tyres, tubes, professional fitment, puncture repair and warranty services. The company already runs signature stores in cities including Chennai, Mysuru, Patna, Ahmedabad, Hyderabad, Rajkot, Delhi and Alappuzha. This move is part of the company's strategy to grow its branded retail footprint across key Indian markets.
This is a routine retail expansion with no material financial impact disclosed. For shareholders, it signals continued investment in direct-to-consumer brand building but is unlikely to move the stock price on its own.