Sai Silks (Kalamandir) Limited, a prominent player in the Indian textile retail sector, has announced the opening of its 73rd store under the Valli Silks format in Tirupati, Andhra Pradesh. The new outlet, which commenced operations on September 24, 2025, marks a significant step in the company's retail expansion strategy in the region.

Expansion Details

The company disclosed this development through official intimations to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). According to the regulatory filing:

• Store Format: Valli Silks
• Location: Tirupati, Andhra Pradesh
• Opening Date: September 24, 2025
• Store Count: 73rd outlet under the Valli Silks brand

Strategic Importance

Tirupati, known for its religious significance and tourist influx, presents a strategic location for Sai Silks (Kalamandir)'s expansion. This move is likely to capitalize on the city's vibrant market and potentially cater to both local and visiting customers.

Company's Growth Trajectory

The opening of the 73rd Valli Silks store underscores Sai Silks (Kalamandir)'s commitment to expanding its retail presence. This expansion may indicate the company's confidence in the demand for its products and its strategy to enhance market penetration in key areas of Andhra Pradesh.

Regulatory Compliance

In adherence to regulatory requirements, Sai Silks (Kalamandir) Limited promptly informed the stock exchanges about this development. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

M.K. Bhaskara Teja, the Company Secretary & Compliance Officer, signed off on the regulatory filing, ensuring transparency and timely communication with shareholders and the market at large.

As Sai Silks (Kalamandir) continues to grow its retail network, investors and market watchers will likely keep a close eye on how this expansion strategy impacts the company's performance in the competitive textile retail sector.

Sai Silks (Kalamandir) Limited, a prominent player in the Indian ethnic wear market, has announced the opening of its 72nd store, marking a significant milestone in its retail expansion strategy. The new outlet, operating under the Valli Silks format, is located in Atapur, Hyderabad, further strengthening the company's presence in the vibrant textile market of Telangana.

Strategic Expansion

The launch of the new store aligns with Sai Silks (Kalamandir)'s ongoing efforts to enhance its retail network and reach a wider customer base. This move is part of the company's broader strategy to capitalize on the growing demand for traditional and contemporary ethnic wear in India.

Store Details

Company Disclosure

In compliance with regulatory requirements, Sai Silks (Kalamandir) Limited has formally notified the BSE Limited and the National Stock Exchange of India Limited about this new store opening. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market Impact

The expansion move by Sai Silks (Kalamandir) demonstrates the company's commitment to growth and its confidence in the Indian retail market, particularly in the ethnic wear segment. As the company continues to expand its physical presence, it aims to enhance accessibility to its diverse range of products and strengthen its market position.

The opening of this new store is expected to contribute to the company's revenue stream and potentially impact its market share in the competitive ethnic wear industry. Investors and market analysts will likely keep a close watch on how this expansion strategy affects the company's financial performance in the coming quarters.

Sai Silks (Kalamandir) Limited continues to be a notable player in the Indian retail landscape, focusing on traditional and contemporary ethnic wear.