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Shankara Building Products closes stores at four locations

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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, May 05 2021. 13:15 IST