We have attached herewith announcement as per Reg. 30 of SEBI (LODR) Regulations, 2015, regarding to proposed to open 03 (Three) new retails stores in futures. Kindly take the same on ....
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Umiya Mobile Limited has informed the BSE about its plan to open 3 new retail stores in Gujarat in the near future. The new stores will be located in Botad (two stores, in Barvala and Botad city) and Dhangadhara. The company has provided the full addresses of each proposed store. This is a routine business expansion update disclosed under SEBI LODR Regulation 30, and the company has stated it will share further developments with the stock exchange as the stores open.
This signals a modest retail network expansion for the company, which could support gradual revenue growth if the new stores perform well. For shareholders, the impact is likely neutral in the short term as only 3 stores are being added and no revenue or financial guidance has been provided.