Shoppers Stop Limited — Important, 20-03-2025: Commencement of commercial production/operations

Shoppers Stop Limited will commence operations at two new INTUNE stores in Hyderabad. The first store will be located at TNR Mall, North City Mall, and the second at Anand Nagar Colony, Bandlaguda. Both locations are set to open on March 21, 2025. This expansion may enhance Shoppers Stop's market presence and reflects its strategic push into new territories, potentially driving revenue growth. Investors should monitor this development as it could indicate the company's ongoing commitment to growth and increasing footprint in key markets.