NSEGeneral Updates22 Oct 2026 · 22 Oct 2026, 11:06 am

General Updates

Patel Retail Limited · PATELRMART

✦ AI Summary▲ PositiveExpansion

Patel Retail Limited has finalised two new locations for its upcoming retail stores in Ghoti, Nashik District, Maharashtra, and Mangaon/Mahad, Raigad District, Maharashtra, expanding its geographical retail presence to four districts in Maharashtra.

Analysis Scores

Earnings Impact5/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Patel Retail Limited has informed the Exchange about Intimation regarding finalisation of locations for upcoming retail stores.

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PATEL_22102026110213_Intimation_regarding_finalisation_of_locations.pdf

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Ref: PRL/BSE&NSE/2026-2027/51 Thursday, October 22, 2026 To, To, Department of Corporate Services The Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Bandra Dalal Street, Fort, Kurla Complex, Bandra (East), Mumbai 400 001. Mumbai - 400 051. Scrip Code: 544487 Symbol: PATELRMART Subject: Intimation regarding finalisation of locations for upcoming retail stores. Respected Sir/Madam, Pursuant to the Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Patel Retail Limited (“the Company”) has finalised two new locations for its upcoming retail stores, as set out below: 1. Ghoti, Nashik District, Maharashtra 2. Mangaon/Mahad, Raigad District, Maharashtra The proposed store at Ghoti will mark the Company's entry into Nashik district, thereby expanding its geographical retail presence to four districts in Maharashtra, namely Thane, Raigad, Palghar and Nashik. The finalisation of these locations represents a further step in the Company's efforts to expand its retail footprint and strengthen its presence across additional markets in Maharashtra. The stores are proposed to be operationalised subject to completion of the necessary formalities, fit-outs and other applicable requirements. The Company will make further disclosures, as may be required under applicable law, upon the occurrence further developments. This for information, dissemination and record purpose. Yours Sincerely, For Patel Retail Limited Prasad Ramesh Khopkar (Company Secretary)