Add-Shop E-Retail opens 27 new franchises in Andhra Pradesh and Assam; Stock gains

16 Jun 2022 , 11:40 AM

Add-shop E-Retail Ltd has announced that the it has opened 27 new franchises in 2 different states i.e. in Andhra Pradesh and Assam during this month. Both states have large numbers of potentiality for the business and products. The Company has opened 22 new franchises in Andhra Pradesh and 5 new franchises in Assam.

“This will boost our retail business in both of this state we are enjoying a good+response with our products from both of this states. We received a tremendous response for our ayurvedic healthcare products as well as our agriculture products. There were a good potentiality in both of this state regarding our products”, said company in a regulatory filing.

In addition to this, the  company further added, “As we had already established our company on E-Commerce business platform and we have create a historic members joining by this platform. We have create a chain between company and our frachise members to delivered goods to them at their doorstep.

Our members and business partners are free to do business from anywhere at their fingertips. By this platform we are managing our business smoothly, and it will also provide customer satisfaction.”

On Thursday at around 11:41 AM, Add-Shop E-Retail was trading at Rs94.75 per share higher by 0.80% on the BSE.