Umiya Mobile plans four new retail stores in Madhya Pradesh
Umiya Mobile Limited is expanding its retail network with four new stores in Madhya Pradesh. The locations span Kharone, Morena, Nagda, and Mandla. The BSE was notified of this strategic move under SEBI Listing Regulations on July 27, 2026.
*this image is generated using AI for illustrative purposes only.
Umiya Mobile has proposed opening four new retail stores in Madhya Pradesh to strengthen its physical distribution presence in the state. The expansion targets key locations in Kharone, Morena, Nagda, and Mandla, aiming to enhance market reach and customer accessibility in these regions. This initiative reflects the company's strategy to deepen its retail footprint beyond its existing operational base.
The company intimated the development to the Bombay Stock Exchange (BSE) on July 27, 2026, citing Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made by Kishorbhai Jadwani, Director of Umiya Mobile Limited, who signed off on the communication to the exchange's listing department.
The new retail outlets are planned for specific addresses within each city, ensuring visibility in prominent commercial areas. The detailed locations are as follows:
| Sr. No. | City | Address |
|---|---|---|
| 1 | Kharone | Shop No.1, Daak Bangla Road, Barwaha, Kharone - 451115, Madhya Pradesh |
| 2 | Morena | Shop No. 14, Ground Floor, Rathi Complex, M S Road, Morena – 476001, Madhya Pradesh |
| 3 | Nagda | 50, Jawaharmarg, Sitaram Chauraha, Nagda Junction, Nagda – 456335, Madhya Pradesh |
| 4 | Mandla | Shop No. 1, Shriram Ward Chilman Chowk, Opp. Modi Petrol Pump, Deodara, Mandla – 481661, Madhya Pradesh |
The company stated that it would provide further updates to the stock exchange regarding the progress of these store openings. The registered office of Umiya Mobile Limited remains in Rajkot, Gujarat, while this expansion marks a significant step into the central Indian market.
Historical Stock Returns for Umiya Mobile
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -1.90% | +2.65% | -20.06% | -27.30% | -27.30% |
What is the projected timeline for the operational launch of these four new stores in Madhya Pradesh?
How does this expansion into central India align with Umiya Mobile's broader annual revenue growth targets?
Are there plans to expand the retail footprint to other states beyond Madhya Pradesh in the near future?
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