NSEClosure of operations20 Jun 2026 · 20 Jun 2026, 04:28 pm
Closure of operations
EMIL · EMIL
✦ AI Summary
Electronics Mart India Limited (EMIL) announced the strategic closure of two Exclusive Brand Outlets (EBOs) located in Nexus Mall, Hyderabad. These outlets, operating under the "Kitchen Stories" and "Samsung" brands, will cease operations effective from June 21, 2026. The decision stems from an evaluation of their business performance and aligns with EMIL's strategy to optimize its retail network. This move supports the company's focus on strengthening and expanding its presence through Multi-Brand Outlets (MBOs). Investors should view this as a strategic adjustment to EMIL's retail footprint, aimed at improving overall network efficiency.
Full Announcement
Closure of operations