11-Jul-2026 15:50:16

DMARTGeneral news

AVENUE SUPERMARTS LIMITED : APPROVED FINANCIALS & NCDS

• The board approved unaudited standalone and consolidated financial statements for the quarter ended June 30, 2026. • Key appointments and re-appointments were approved: Mr. Bhaskaran N re-appointed as Whole-time Director and 'Chief Operating Officer' for October 2026 to May 2028; Mr. Lalit Ahuja appointed as 'Chief Operating Officer' effective July 13, 2026; Mr. Parvez Vandrewala's designation changed to 'Head - Centre of Excellence' effective November 1, 2026. • The board also approved the issuance of non-convertible debentures up to ₹1,000 crore. • Additionally, the reclassification of Mr. Vijay Shankar Chandak from Promoter Group to Public category was approved. Impact: Board meeting concluded with approval of financials, key personnel changes, and NCD issuance.

Avenue Supermarts Limited

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