Electronics Mart India Ltd to close Samsung Exclusive Brand Outlet store at Dwarakapuri Colony, Hyderabad

Electronics Mart India Limited has decided to close one of its Exclusive Brand Outlet (EBO) Store under the brand name "Samsung" located at MGR Estate, Dwarakapuri Colony, Punjagutta, Hyderabad effective from 17 March 2025.

The decision to close this Store has been made after careful consideration of its performance. It is part of the Company's ongoing efforts to optimise its retail network. This closure will have no impact on the Company's overall operations.

We want to assure you that this closure will not adversely affect our dedicated team members. All employees from this location will be seamlessly reassigned to our nearby stores, where they will continue to provide their services.

We reassure you that the Company is committed to supporting its employees and customers through this transition.

Shares of Electronics Mart India Limited was last trading in BSE at Rs. 114.20 as compared to the previous close of Rs. 116.35. The total number of shares traded during the day was 20804 in over 601 trades.

The stock hit an intraday high of Rs. 118.85 and intraday low of 112.90. The net turnover during the day was Rs. 2408706.00.

Source : Equity Bulls

Keywords

ElectronicsMartIndia INE02YR01019 Retail Samsung EBO CLosure Punjagutta Hyderabad