Patel Retail opens 53rd store in Uran, Raigad on July 27

Patel Retail has expanded its retail footprint by opening its 53rd outlet in Uran, Raigad district, strengthening its presence in the Mumbai Metropolitan Region. The company disclosed the addition on July 27, 2026, marking a continued push into suburban and emerging urban markets. This expansion supports the firm’s strategy of bringing organized retail closer to local communities through its neighbourhood retail format, aiming to capture growth in high-potential areas outside the city core.

The new store, branded as Patel's R Mart, is located at Survey No. 58/1/A House No. 4684 Karanja Road in Uran. Dhanji Patel, Chairman and Managing Director of Patel Retail Limited, stated that the launch reflects the company’s focus on strategic locations that enhance customer convenience and serve everyday needs for groceries and household essentials. The expansion aims to deliver a consistent shopping experience while building long-term relationships with customers in high-growth areas.

Store Details

The company provided specific details regarding the new store in its exchange filing:

Code	Name of the Store	Address of the Store
UKR	Patel's R Mart	Survey No. 58/1/A House No. 4684 Karanja Road, Uran, Raigad, Maharashtra-400702

As of the date of disclosure, the total number of stores operated by the company stands at 53. This figure reflects the cumulative count of all active outlets across its operational geography, which includes Thane, Raigad, and Palghar districts.

Regulatory Disclosure

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) for dissemination to investors. Prasad Ramesh Khopkar, Company Secretary of Patel Retail Limited, signed the disclosure, confirming the details of the new store opening and the updated total store count.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.26%	+4.13%	+4.85%	+19.95%	-20.58%	-20.58%

Patel Retail has commissioned a new curry powder production line with a capacity of 8 Ton per shift at its manufacturing facility. The line commenced commercial production on July 23, 2026, marking a strategic expansion aimed at meeting growing demand in both domestic and international markets. The project was financed entirely through internal accruals, requiring an investment of approx. Rs. 80 Lakhs, allowing the company to enhance its operational capabilities without increasing debt.

The expansion aligns with the company’s strategy to broaden its product portfolio in the spices and food products segment. By adding this dedicated line, Patel Retail aims to improve operational efficiencies and strengthen product availability. The disclosure was made to the stock exchanges pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Project Details

The following table outlines the key particulars of the capacity addition as disclosed by the company:

Particulars	Details
Proposed Capacity Addition	New Curry Powder Production Line having a capacity of 8 Ton per shift
Date of Commissioning	Thursday, July 23, 2026
Total Investment Incurred	Approx. Rs. 80 Lakhs
Mode of Financing	Internal Accruals
Product Category	Spices / Food Products
Market Reach	Domestic and international market

Strategic Rationale

The primary rationale behind this investment is to cater to increasing customer demand for curry powder. The new line is categorized under spices and food products, supporting the company’s broader goal of future business growth. While the product will serve both domestic and international markets, specific countries for export were not disclosed in the filing. The use of internal accruals highlights the company’s ability to fund capital expenditures from existing resources.