Sai Silks (Kalamandir) Limited, a prominent player in the Indian textile retail sector, has announced the opening of its 74th store under the Valli Silks format in Vijayawada, Andhra Pradesh. The new outlet, which commenced operations on September 29, 2025, marks another milestone in the company's ongoing retail expansion strategy.

Expansion Details

The company disclosed this significant development through official communications to both the National Stock Exchange and the Bombay Stock Exchange. This expansion aligns with Sai Silks' commitment to strengthening its presence in key markets and enhancing accessibility for customers.

Official Announcement

In a filing to the stock exchanges, M.K. Bhaskara Teja, Company Secretary & Compliance Officer of Sai Silks (Kalamandir) Limited, stated:

"We hereby announce that our company has opened its 74th store under Valli Silks format, located at Vijayawada, Andhra Pradesh on September 29, 2025."

Strategic Importance

The launch of the new store in Vijayawada, a major city in Andhra Pradesh, underscores Sai Silks' focus on tapping into key regional markets. Vijayawada, known for its cultural richness and growing urban population, presents a strategic location for the Valli Silks format, which typically offers a wide range of traditional and contemporary silk products.

Market Impact

This expansion is expected to contribute to Sai Silks' market presence and potentially impact its financial performance in the coming quarters. The company's consistent growth in its retail network suggests a robust demand for its products and a strategic approach to market penetration.

As Sai Silks (Kalamandir) Limited continues to expand its retail footprint, investors and market analysts will likely keep a close watch on how this growth strategy translates into financial performance and market share in the competitive Indian textile retail sector.

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.