Lalithaa Jewellery Mart Limited opened its 65th retail showroom in Redhills, Chennai, on September 3, 2026, expanding its footprint in the Tamil Nadu market.

The new outlet spans 6,918 sq. ft. at No. 412, G.N.T Road, near the New Bus Stand. The company cited growing customer demand as the driver for this expansion into key markets.

Retail Expansion Details

The Redhills location is part of Lalithaa’s strategy to strengthen accessibility across established and emerging jewellery markets. The brand combines heritage designs with contemporary formats to cater to evolving consumer preferences.

Product Portfolio and Offers

The showroom houses a comprehensive range of gold, diamond, and silver jewellery under one roof. To mark the opening, the company introduced specific promotional offers:

• Gold Ornaments: 2% less on value-added charges (VA)
• Gold Coin: No VA
• Old Gold Exchange: ₹150 extra per gram
• Diamond Jewellery: ₹12,000 discount per carat

These offers are subject to applicable terms and conditions.

Regulatory Disclosure

The launch was disclosed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Jitendra Kumar Pal, Company Secretary & Compliance Officer, signed the filing.

Lalithaa Jewellery Mart Limited submitted its Code of Practices for Fair Disclosure of Unpublished Price Sensitive Information to Indian stock exchanges on August 28, 2026. The filing ensures compliance with regulatory norms regarding the handling and dissemination of sensitive corporate data.

The submission was made pursuant to Regulation 8(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company notified both the National Stock Exchange of India Limited and BSE Limited of the policy adoption.

Regulatory Compliance Framework

The company formulated the code under Regulation 8(1) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The document outlines procedures to preserve the confidentiality of unpublished price sensitive information and prevent its misuse.

Key provisions include:

• Prompt public disclosure of information likely to materially affect security prices.
• Uniform dissemination of data to avoid selective disclosure to stakeholders.
• Designation of the Chief Financial Officer as the Chief Investor Relations Officer for managing information flow.
• Recording or transcription of meetings with analysts and investors for official documentation.

Legitimate Purpose Policy

The filing includes an annexure detailing the Policy for Determination of Legitimate Purposes, aligned with Regulation 3(2A) of the SEBI regulations. This policy defines conditions under which insiders may share unpublished price sensitive information in the ordinary course of business.

Permissible sharing includes communication with partners, lenders, auditors, legal advisors, and consultants. The company maintains a structured digital database to track such disclosures, preserving records for at least eight years after relevant transactions.

Governance and Oversight

The Board of Directors retains the authority to amend or replace the code in sync with applicable laws. Any changes require board approval and subsequent intimation to stock exchanges and the company website.

Jitendra Kumar Pal, Company Secretary and Compliance Officer, signed the intimation letter. The fair disclosure code itself became effective on February 17, 2024.