We have attached herewith intimation as per Regulation 30 of SEBI (LODR) Regulation, 2015. Kindly take the same on your record. Thank you.
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Umiya Mobile Limited, based in Rajkot, has announced plans to open 23 new retail stores in the near future. The new outlets will be spread across three states — Gujarat (Sabarkantha, Idar, Rajkot), Madhya Pradesh (Bhopal, Indore, Gwalior, Jabalpur, Ratlam, and several smaller towns), and Maharashtra (Nashik, Yavatmal, Chandrapur, Wardha). The expansion is focused on tier-2 and tier-3 cities, with Madhya Pradesh receiving the largest share of new locations. This is a regulatory intimation under SEBI LODR Regulation 30 and the company has stated it will update the stock exchange on further developments.
The store expansion signals growth ambition and deeper penetration into central and western India's smaller markets, which could support future revenue. However, the filing does not provide financials, timelines, or capex estimates, so the near-term stock impact is likely to be limited until more clarity emerges.