Electronics Mart India Limited has announced the expansion of its retail network with the opening of a new multi-brand store under its 'BAJAJ ELECTRONICS' brand in Nalgonda, Telangana. The company officially commenced commercial operations of the store on September 7, 2025, marking a significant step in its growth strategy within the state.

Store Details

The new Bajaj Electronics outlet is strategically located on Hyderabad Road in Nalgonda, Telangana. Here are the key details of the store:

• Location: Sy. No.1485 & 1486, Ward-6, Block-2, Fire Station to V.T. Colony, Hyderabad Road, Nalgonda, Telangana - 508001
• Area: 8,760 square feet
• Opening Date: September 7, 2025

Expansion Strategy

This latest addition to Electronics Mart India's retail portfolio demonstrates the company's commitment to expanding its presence in Telangana. By opening a sizeable store in Nalgonda, the company is tapping into new markets and aiming to cater to the growing demand for electronic products in tier-2 cities.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Electronics Mart India Limited promptly informed the stock exchanges about this development. The company's proactive disclosure underscores its commitment to transparency and adherence to regulatory requirements.

Company Overview

Electronics Mart India Limited, operating under the trademark 'Bajaj Electronics', is a prominent player in the consumer electronics retail sector. The company's expansion in Nalgonda aligns with its broader strategy to strengthen its market position and enhance accessibility to a wide range of electronic products for consumers in various regions of Telangana.

As Electronics Mart India continues to grow its retail footprint, this expansion is expected to contribute to the company's market presence in the competitive consumer electronics retail space.

Electronics Mart India Limited (EMIL) has made significant corporate decisions in its recent board meeting, including the approval of its annual report and the appointment of a new secretarial auditor. The company's Board of Directors convened on August 28, 2025, to discuss and approve several key items.

Annual Report Approval

The Board reviewed and approved the company's Integrated Annual Report for the financial year 2024-25. This comprehensive report includes the Board's Report along with its annexures and the Business Responsibility and Sustainability Reporting, highlighting EMIL's commitment to transparent corporate governance and sustainable business practices.

New Secretarial Auditor Appointment

In a move to enhance its corporate compliance framework, EMIL's Board has approved the appointment of V'S S K & Associates as the company's new Secretarial Auditor. This decision, based on the recommendation of the Audit Committee, is subject to shareholder approval at the upcoming Annual General Meeting (AGM). The appointment is for a five-year term, spanning from FY 2025-2026 to FY 2029-2030.

V'S S K & Associates is a peer-reviewed practicing company secretaries firm registered with the Institute of Company Secretaries of India (ICSI). The firm boasts a team of qualified professionals offering a range of services, including management advisory, corporate taxation, statutory compliance, and audit assurance.

Annual General Meeting Announcement

The Board has set the date for EMIL's 7th Annual General Meeting, which will be held on September 25, 2025, at 12:30 p.m. In line with modern corporate practices, the AGM will be conducted via video conferencing, ensuring wider accessibility for shareholders. The company has designated September 18, 2025, as the cut-off date for determining eligible shareholders who can participate in remote e-voting and attend the AGM.

Corporate Governance and Compliance

The appointment of V'S S K & Associates as Secretarial Auditor underscores EMIL's focus on maintaining high standards of corporate governance. The firm's expertise in areas such as corporate laws, investment structuring, and regulatory compliance is expected to contribute significantly to EMIL's corporate governance framework.

These decisions reflect Electronics Mart India Limited's commitment to transparency, compliance, and shareholder engagement. As the company moves forward with these changes, stakeholders will be keenly watching how these strategic decisions impact EMIL's corporate governance and overall performance in the coming years.