Kalyan Jewellers plans to expand retail footprint by 13 pc during Apr-Jun

Following its initial public offering (IPO), Kalyan Jewellers on Tuesday announced plans to expand its retail footprint by 13 per cent in the first quarter of 2021-22 and add 14 new showrooms on April 24. With the addition of these new outlets, the company will be present in 151 locations. Kalyan Jewellers, in a statement, said the company recently raised Rs 1,175 crore through an IPO and most of its proceeds are earmarked towards enhancement of working capital...
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