Shankara Building Products closes stores at four locations

Shankara Building Products closes stores at four locations

May 05, 2021 01:05 IST capital market

Shankara Building Products announced 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. These include the stores at the following locations:

Kakinada (Andhra Pradesh); Bellary (Karnataka); Kannur (Kerala); Nagole (Hyderabad, Telangana)

The net store count after these measures will stand at 91 stores.

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