Add-Shop E-Retail, distributes agricultural and ayurvedic products, has announced that the company has opened 2 New C & F in two new states. One was in Odisha and the Second is in Andhra Pradesh during this week.

"There were large numbers of opportunity we are seeing in both of these states. We have also opened a new franchise below this C & F," the company said on Thursday.

In Odisha there were 8 new franchises were opened and 11 new franchises in Andhra Pradesh.

"This will boost our retail business in both of this state we are enjoying a good response with our products from both of these states. We received a tremendous response for our ayurvedic healthcare products as well as our agriculture products. There was a good potentiality in both of this state regarding our products," it added.

Add-Shop would be leveraging on its robust distribution network spread across the country for Ayurveda products. The company is having vast distribution network of more than 550 franchisees spread across 25 states. In addition, the company is having wide customer base, which offers substantial base for marketing its products to them. Such distribution network would be major growth catalyst for the company.

Dineshbhai Pandya is Promoter and Managing Director of the Company. Despite of being visually impaired, his hard-work and willingness to do something good for the society has led him to be a first-generation entrepreneur, trainer and motivator. He has been the driving force of the Company. He has well experienced in the field of Ayurveda and Pharma.

He is awarded "Golden Books of records" for most village assemblies addressed by a differently able person. The Company was incorporated with a vision to find and implement solutions for two very deep-rooted challenges of our nation like unemployment & unhealthiness of our citizens.

Shares of the company declined Rs 2.25, or 1.81%, to settle  at  Rs 121.95.  The total volume of shares traded  was  37,783 at  the BSE (Thursday).