RECODE STUDIOS : EXPANDS RETAIL FOOTPRINT WITH KIOSK MODEL 💄

• 🏬 Company has launched 2 kiosks in Delhi and plans to open 6–8 additional kiosks at high-footfall locations • 📍 New kiosks are located at Omaxe Connaught Place, Greater Noida and Omaxe Chowk, Chandni Chowk, Delhi • 🤝 Expansion will be driven through its existing FOFO (Franchise-Owned Franchise-Operated) partner network • ⚡ Kiosk format enables asset-light expansion, faster market penetration and lower operating costs • 📈 Management said initial customer response to the newly launched kiosks has been encouraging • 🌟 Strategy aims to improve brand visibility in premium retail destinations while maintaining operational efficiency 🟢 Impact: Positive (Asset-light expansion model can accelerate store additions, strengthen brand reach and support long-term revenue growth.)

S D RETAIL LIMITED

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