TVS Srichakra Limited has informed the Exchange regarding a press release dated March 31, 2026, titled "Launching of Exclusive Retail Outlet in Ahmedabad which will be Company s 13th signature store in India.".
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TVS Srichakra's tyre brand Eurogrip has opened a new exclusive retail store in Ahmedabad, its 2nd in the city and 13th signature store in India. The outlet will offer the full range of two-wheeler tyres along with services like tyre fitment, puncture repair, and engine oil changes. The company highlighted Ahmedabad as a key market due to growing demand for quality automotive services, and the expansion is part of a broader push to strengthen its branded retail footprint across India. Recent store additions include Delhi, Alappuzha, and Ludhiana, with existing presence in cities like Chennai, Hyderabad, and Rajkot.
This is a routine retail network expansion and is not material to the company's overall revenue or operations. It signals brand-building momentum but is unlikely to move the stock price meaningfully.