Sai Silks (Kalamandir) Limited has announced the launch of its 81st retail store in Kakinada, Andhra Pradesh. The new outlet commenced operations on March 14, 2026, operating under the Kanchipuram Varamahalakshmi Silks format.

Store Launch Details

The company's latest retail expansion represents a significant milestone in its growth trajectory. The store opening details are outlined below:

Regulatory Compliance

Sai Silks (Kalamandir) Limited informed both BSE Limited and National Stock Exchange of India Limited about this development in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to ensure transparency with stakeholders regarding material business developments.

Company Information

The announcement was signed by M.K. Bhaskara Teja, Company Secretary & Compliance Officer, on behalf of the company. Sai Silks (Kalamandir) Limited operates multiple retail formats including Kalamandir, Mandir, Kanchipuram Varamahalakshmi, and KLM Fashion Mall, catering to diverse customer segments in the textile and fashion retail sector.

The company's registered office is located in Hyderabad, Telangana, and it continues to expand its retail footprint across various states in India. This latest store opening in Kakinada reinforces the company's commitment to strengthening its presence in the Andhra Pradesh market.

Sai Silks (Kalamandir) has officially opened its 80th store at Konanakunte Cross, Bengaluru, Karnataka on March 09, 2026. The company announced this milestone through a regulatory filing under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Store Launch Details

The new store operates under the Kalamandir format and represents a significant milestone in the company's retail expansion strategy. The opening was formally communicated to both BSE Limited and National Stock Exchange of India Limited as part of mandatory disclosure requirements.

Regulatory Compliance

The store opening was disclosed through proper regulatory channels, with Company Secretary and Compliance Officer M.K. Bhaskara Teja signing the intimation letter. The disclosure was made to both major stock exchanges where the company's shares are listed - BSE (Scrip Code: 543989) and NSE (Symbol: KALAMANDIR).

Strategic Expansion

This store opening reinforces Sai Silks (Kalamandir)'s commitment to expanding its retail network across Karnataka. The selection of Konanakunte Cross in Bengaluru demonstrates the company's strategy to establish presence in strategic locations within major metropolitan areas, strengthening its position in the South Indian retail market.