Kiaasa Retail Limited has informed stock exchanges of the opening of three new Exclusive Brand Outlets (EBOs) under its flagship brand KIAASA during the month of April 2026. The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was submitted to BSE Limited on 04/05/2026.

New Store Openings in April 2026

The company expanded its retail network across three cities spanning three different states in April 2026. The new outlets operate under the KIAASA brand name and represent the company's continued geographic diversification across India.

The details of the newly opened stores are as follows:

Company Overview

Kiaasa Retail Limited, formerly known as Kiaasa Retail Pvt. Ltd., is headquartered at Plot No- 1/37, South Side G.T. Road Industrial Area, Lalkuan, Ghaziabad, Uttar Pradesh 201002. The company proudly operates 100+ stores in 60+ cities pan India under the KIAASA brand.

Regulatory Disclosure

The filing was signed by Kanishka Singhal, Company Secretary & Compliance Officer (Mem No. A39678), and submitted to the Department of Corporate Services, BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001. The company has requested BSE to take the information on record.

Kiaasa retail Limited has announced the resignation of its Chief Financial Officer (CFO), Mr. Sumit Agrawal, effective April 30, 2026. The company informed BSE Limited about this development on April 17, 2026, in compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details and Timeline

Mr. Sumit Agrawal tendered his resignation from the position of Chief Financial Officer and Key Managerial Personnel on April 16, 2026, with his last working day scheduled for April 30, 2026. The resignation letter was formally submitted to the Board of Directors, requesting relief from duties effective from the close of business hours on the specified date.

Reasons for Departure

According to the official communication, Mr. Agrawal's resignation is attributed to personal reasons, specifically his relocation to his native place to take care of his family. The company has confirmed that there are no material reasons for his resignation other than those mentioned in the official disclosure.

Regulatory Compliance and Documentation

Kiaasa Retail Limited has fulfilled its regulatory obligations by disclosing the resignation details as per Regulation 30 of SEBI regulations. The company has also referenced SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in its compliance documentation. Mr. Agrawal has requested the company to file the requisite Form DIR-12 with the Registrar of Companies and intimate stock exchanges as per applicable SEBI regulations.

Transition and Cooperation

In his resignation letter, Mr. Agrawal expressed gratitude to the Board of Directors, management team, and colleagues for their support throughout his tenure. He has committed to ensuring a smooth transition of responsibilities and will extend full cooperation during the notice period to facilitate the handover process.

Company Profile

Kiaasa Retail Limited, formerly known as Kiaasa Retail Pvt. Ltd., operates from its headquarters at Plot No- 1/37, South Side G.T. Road Industrial Area, Lalkuan, Ghaziabad, Uttar Pradesh. The company proudly operates 100+ stores across 60+ cities pan India, establishing a significant retail presence in the Indian market.