Sai Silks (Kalamandir) has announced the expansion of its Kanchipuram Varamahalakshmi Silks store located in Hosur, Tamil Nadu. The expansion adds 3,996 square feet of retail space to the existing store, marking a significant enhancement to the company's retail presence in the region.

Store Expansion Details

The expansion project focuses on the Kanchipuram Varamahalakshmi Silks outlet, which specializes in traditional silk sarees and ethnic wear. The additional space will enhance the store's capacity to showcase a wider range of products and improve the overall shopping experience for customers.

Strategic Market Positioning

The Hosur expansion represents Sai Silks (Kalamandir)'s continued investment in the Tamil Nadu retail market. Hosur, being a significant industrial and commercial hub in Tamil Nadu, provides strategic access to a diverse customer base. The expanded store format will allow the company to better serve the growing demand for traditional silk sarees and ethnic wear in the region.

Retail Network Enhancement

This expansion aligns with the company's broader retail strategy of strengthening its presence in key South Indian markets. The additional retail space will enable enhanced product display, improved customer service areas, and better inventory management capabilities at the Hosur location.

Sai Silks (Kalamandir) Limited has announced the expansion of its retail presence in Tamil Nadu with the extension of its existing store at Hosur. The company disclosed this development in compliance with regulatory requirements under the Securities and Exchange Board of India regulations.

Store Expansion Details

The expansion involves the extension of the existing Kanchipuram Varamahalakshmi Silks store located at Hosur, Tamil Nadu. The key parameters of this capacity addition are outlined below:

Regulatory Compliance

The company made this disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This regulation mandates listed companies to inform stock exchanges about material events and corporate developments that could impact investor decisions.

Company Information

Sai Silks (Kalamandir) Limited operates under CIN U52190TG2008PLC059968 and maintains its registered office at Ameerpet, Hyderabad, Telangana. The company is listed on both major Indian stock exchanges:

The disclosure was signed by M.K. Bhaskara Teja, Company Secretary & Compliance Officer, confirming the company's commitment to maintaining transparency with its stakeholders regarding operational developments and capacity expansions.