Patel Retail Ltd

Patel Retail Limited is expanding its Ambernath distribution centre by approximately 20,000 sq. ft., increasing the total area to 84,000 sq. ft. This 31% expansion addresses the current 100% utilization of the existing 64,000 sq. ft. facility. The additional space is expected to enhance storage, packing, and distribution capabilities, leading to more efficient replenishment of existing retail stores and consistent product availability for customers. It will also support the company's cluster-based expansion strategy and upcoming store openings. The Ambernath facility is crucial to Patel Retail's supply chain, supporting warehousing and distribution across the region. This expansion is a key part of their value-driven retail model, aiming to maintain product availability and improve service levels as the network grows.

Patel Retail Limited is expanding its distribution centre at Ambernath, Maharashtra, by adding approximately 20,000 square feet of covered space. This expansion, costing ₹2 Crores and funded through internal accruals, aims to enhance infrastructure utilization, strengthen storage, packing, and distribution capabilities. The development is expected to facilitate smoother replenishment of existing stores and support the company's cluster-based expansion strategy, ultimately bolstering its supply chain, inventory management, and retail network growth. The additional capacity is anticipated to be ready within 15-20 days.

Patel Retail Limited announced its expansion into the Nashik district with a new store planned for Ghoti. Additionally, the company will open another store in Mangaon/Mahad, Raigad district. These additions are part of the company's ongoing retail expansion strategy, aiming to bring organized retail closer to customers. With these new outlets, Patel Retail's presence will extend across four districts: Thane, Raigad, Palghar, and Nashik. The company currently operates 54 stores and follows a cluster-based expansion approach. Patel Retail reported a Total Income of ₹1,059.29 crore, EBITDA of ₹83.08 crore, and Net Profit of ₹39.05 crore in FY26.

Patel Retail Limited has announced the finalisation of two new locations for its upcoming retail stores in Maharashtra. The new stores will be located in Ghoti, Nashik District, and Mangaon/Mahad, Raigad District. The Ghoti store will mark the company's entry into the Nashik district, expanding its retail presence to four districts in Maharashtra, including Thane, Raigad, and Palghar. This expansion is part of the company's strategy to broaden its retail footprint and strengthen its market presence. The stores are expected to become operational after completing necessary formalities and fit-outs.

Patel Retail Limited has launched a Whole Spices Catalogue under its in-house brand 'Indian Chaska'. The new range comprises 23 whole spices and related products, carefully sourced, cleaned, graded, and packed to preserve their natural aroma, color, and flavor. The products are manufactured at the company's facility in Kutch, Gujarat. This launch aims to cater to everyday kitchens and growing domestic and global markets, offering consumer-friendly pack sizes. Patel Retail, a player in retail, food processing, and exports, reported a Total Income of ₹1,059.29 crore, EBITDA of ₹83.08 crore, and Net Profit of ₹39.05 crore in FY26.

Patel Retail Limited has announced the opening of its 54th retail store in Kalyan (East), Thane, expanding its presence in the Mumbai Metropolitan Region. This strategic expansion aligns with the company's strategy to increase its retail footprint in high-growth suburban and emerging urban markets, enhancing customer accessibility and convenience. The new store offers a wide range of groceries, daily essentials, and household products. Patel Retail, a diversified retail and food processing company, aims to strengthen its position as a neighborhood retail destination. The company reported a Total Income of ₹1,059.29 crore and Net Profit of ₹39.05 crore in FY26.

Patel Retail Limited has announced the opening of its 54th store, named Patel's R Mart. The new store is located at Survey No. 148/1, Shop No. 1, 2, 3, Village Dvrali, Malangad Road, Kalyan (East), Thane, Maharashtra. This expansion is in line with the company's growth strategy and increases its total store count to 54. The opening is reported under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Patel Retail Limited has filed the voting results and the Scrutinizer's Report for its 19th Annual General Meeting (AGM). The disclosures comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results pertain to resolutions considered at the AGM, including the adoption of audited standalone financial statements for the financial year ended March 31, 2026. The report details the voting patterns from e-voting and poll, indicating a significant majority in favour of the resolutions presented.

Patel Retail Limited has announced the closure of its trading window for designated persons, effective October 1, 2026. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and will remain in effect until 48 hours after the declaration of the company's Unaudited Financial Results for the second quarter ending September 30, 2026. All directors, employees, and connected persons in possession of unpublished price-sensitive information are advised not to trade in the company's securities during this period. The board meeting to approve these financial results will be communicated separately.

Patel Retail Limited conducted its 19th Annual General Meeting (AGM) on September 23, 2026, via Video Conferencing/Other Audio-Visual Means. The meeting was held in compliance with the Companies Act, 2013, SEBI LODR Regulations, and MCA/SEBI circulars. Key management personnel, including the Chairman & Managing Director, Whole-time Director, Independent Directors, COO, CEO, and CFO, along with the Company Secretary, were present. The Statutory Auditor and Secretarial Auditor also participated. The proceedings included a welcome by the Company Secretary and an explanation of the participation and e-voting process by an Independent Director.