FilingReader Intelligence
Electronics Mart India sells Apple retail division for ₹8cr
August 23, 2025 at 04:49 PM UTC•By FilingReader AI
Electronics Mart India announced the sale of its "IQ" division, comprising four retail stores, to Angel Teletech for ₹8 crores. The transaction completes by September 10, 2025.
The division contributed ₹62.11 crores to revenue in the last financial year. The move aims to enhance focus on proprietary brands like "Audio & Beyond" and "Easy Kitchen."
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:EMIL•Bombay Stock Exchange
News Alerts
Get instant email alerts when Electronics Mart India publishes news
Free account required • Unsubscribe anytime