Sai Silks (Kalamandir) opens new Bengaluru store on Aug 8

Sai Silks (Kalamandir) Limited has expanded its retail footprint by launching a new store under the Kalamandir brand at Banashankari, Bengaluru, Karnataka. The outlet commenced operations on August 08, 2026, marking a strategic addition to the company’s network in South India.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) to inform investors of the operational milestone.

Expansion Details

The new location is situated in Banashankari, a prominent residential and commercial hub in Bengaluru. By opening this store, Sai Silks (Kalamandir) Limited aims to capture greater market share in Karnataka’s competitive retail silk and fashion sector.

Detail	Information
Brand Format	Kalamandir
Location	Banashankari, Bengaluru
State	Karnataka
Launch Date	August 08, 2026

Corporate Governance

The intimation was signed by M.K. Bhaskara Teja, Company Secretary & Compliance Officer of Sai Silks (Kalamandir) Limited. The document carries his digital signature and membership number A39542, confirming compliance with statutory reporting requirements for listed entities.

This expansion reflects the company’s ongoing strategy to grow its physical distribution network through branded outlets like Kalamandir, which is one of its key retail formats alongside other brands such as KLM Fashion Mall.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.67%	+0.15%	-14.79%	-23.55%	-48.66%	-63.75%

Sai Silks (Kalamandir) Limited has expanded its retail footprint by launching a new store under the Kalamandir format in Mysore, Karnataka. The inauguration occurred on August 07, 2026, strengthening the company’s presence in the southern market. This expansion supports the firm’s strategy to increase accessibility for customers seeking traditional silk products through dedicated branded outlets.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the new opening. M.K. Bhaskara Teja, Company Secretary and Compliance Officer, signed the intimation.

Store Details

Location	Format	Opening Date
Mysore, Karnataka	Kalamandir	August 07, 2026

Brand Portfolio Context

Sai Silks operates multiple retail formats to cater to diverse customer segments. Alongside Kalamandir, the company maintains other brands including Vara Mahalakshmi Silks and KLM Fashion Mall. The new Mysore outlet adds to the existing network of Kalamandir stores, which are known for their focus on premium silk sarees and ethnic wear.

What This Means

The addition of a new store in Mysore indicates continued investment in physical retail infrastructure. For investors, this reflects the company’s confidence in demand growth in tier-2 cities within Karnataka. The move aligns with broader trends in the textile retail sector where brands are prioritizing localized presence to capture regional preferences.