We have attached herewith announcement as per Regulation 30 of SEBI (LODR) Regulations, 2015. Kindly take the same on your record. Thank you.
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Umiya Mobile Limited announced the opening of a new owned retail store in Indore, Madhya Pradesh, marking its entry into a new state. The store will be located at Plot No. 249, Usha Nagar, Indore. The company stated that this expansion is expected to positively contribute to revenue growth and increase market share in the mobile retail segment. No specific financial figures, revenue impact, or timelines for the store launch were disclosed. The company said it will keep the stock exchange informed of further developments.
This is a routine retail expansion announcement that may have a modest positive sentiment effect, reflecting growth ambitions in the mobile retail business, but no concrete financial impact or numbers were provided to meaningfully move the stock.