Shankara Building Products Ltd - 540425 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015
This is to inform you that as part of the operations rationalization program, the Company has identified some retail stores where it does not find substantial scale up opportunities in the medium term. In this context, the Company has decided to close retail stores in the following 3 locations: Alleppey, Kerala ; Balanagar, Hyderabad ; Karkala, Karnataka. The net store count after these measures will stand at 101 stores. Kindly take the same on record.24-12-2020