Shoppers Stop Limited — Important, 04-02-2025: Commencement of commercial production/operations

Shoppers Stop Limited is set to commence operations at two new stores in Chhattisgarh and Uttar Pradesh. The Shoppers Stop store in Raipur, Chhattisgarh, located at Kanki Highstreet, is scheduled to open on February 6, 2025. Meanwhile, the Intune store in Mahanagar, Lucknow, is slated to begin operations on February 7, 2025. This expansion reflects the company's strategic intent to enhance its retail presence in key markets, potentially driving footfall and revenue growth in the coming periods. Investors should monitor these developments for their impact on the company's performance and overall market positioning.