TVS Srichakra Limited has informed the Exchange regarding a press release dated July 28, 2025, titled "Opening of fourth exclusive store in Chennai.".
TVSSRICHAK · price
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TVS Srichakra's tyre brand Eurogrip has opened its 4th exclusive branded retail store in Chennai, located in Perambur. The new store will sell the full range of two-wheeler tyres along with services like fitment, puncture repair, air pressure checks, and lubricant changes. Eurogrip already runs signature outlets in Velachery, Villivakkam and Selaiyur within Chennai, plus stores in Mysuru, Ahmedabad, Patna, Farrukhabad and Hyderabad. The company hinted that more branded retail stores will be opened in other cities in the coming months as part of its strategy to reach urban customers directly.
This is a routine retail expansion update, not a material financial event. It signals continued brand-building and distribution push in the replacement tyre market, but a single store opening is unlikely to move the stock meaningfully.