Umiya Mobile to open 14 new retail stores in Gujarat, MP, Maharashtra
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Umiya Mobile Limited has informed the stock exchange of plans to open 14 new retail outlets in the near future. The new stores will be spread across Gujarat (6 stores), Madhya Pradesh (8 stores), and Maharashtra (1 store in Akola). Cities include Indore, Ahmedabad, Jamnagar, Patan, Khandwa, Sagar and more. No financial details such as investment amount or expected revenue impact were disclosed. The company said it will share further updates as the expansion progresses.
Signals retail network expansion which could support future revenue growth, though no investment or financial impact details provided.