Avenue Supermarts Appoints Ms. Nisha Pikle as Vice President

Avenue Supermarts Limited has announced the appointment of Ms. Nisha Pikle as Vice President - Apparels, classified as a Senior Management Personnel, effective 18th May 2026. The appointment was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee, and has been disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Key Appointment Details

The following table summarises the key details of the appointment as disclosed by the company:

Parameter:	Details
Name:	Ms. Nisha Pikle
Designation:	Vice President - Apparels (Senior Management Personnel)
Effective Date:	18th May 2026
Appointing Authority:	Board of Directors
Basis of Appointment:	Recommendation of Nomination and Remuneration Committee

Profile of Ms. Nisha Pikle

Ms. Nisha Pikle holds a Bachelor's degree in Textiles & Clothing from Mumbai University and a Postgraduate degree in Textile Design from SNDT University. Over a career spanning 28 years, she has accumulated extensive experience in the retail and apparel industry.

Her professional background includes associations with prominent retail and fashion brands:

Westside
Pantaloons
Vero Moda
Nykaa Fashion Ltd. — where she served as Business Head - Private Brands in her most recent assignment

Regulatory Disclosure

The disclosure was made by Avenue Supermarts in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30th January 2026. The communication was signed by Ashu Gupta, Company Secretary & Compliance Officer, on 15th May 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.49%	-5.17%	-10.29%	+1.96%	+0.10%	+35.69%

Avenue Supermarts Limited has disclosed to the stock exchanges that Shyam Gupta, serving as Head - Apparels and designated as a Senior Management Personnel of the company, has tendered his resignation on 14th May, 2026. The intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the resignation was submitted citing personal reasons.

Key Details of the Resignation

The following table summarises the key disclosures made by Avenue Supermarts in accordance with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026:

Parameter:	Details
Name:	Shyam Gupta
Designation:	Head - Apparels, Senior Management Personnel
Reason for Change:	Resignation due to personal reasons
Date of Resignation:	14th May, 2026
Last Working Date:	12th August, 2026

Resignation Communication

In his resignation email addressed to Anshul Asawa, Shyam Gupta described his tenure at DMart as a "deeply rewarding experience" and expressed gratitude for the trust, opportunities, and support extended to him. He noted that the decision was made after careful consideration and aligned with his personal and professional priorities. Gupta also affirmed his commitment to ensuring a smooth and seamless transition over the coming months.

Regulatory Compliance

The disclosure was filed by Ashu Gupta, Company Secretary and Compliance Officer of Avenue Supermarts Limited, on 14th May, 2026. The filing was made to both BSE Limited and the National Stock Exchange of India Ltd., as required under the applicable SEBI regulations. The company is headquartered at Plot No. B-72 & B-72A, Wagle Industrial Estate, Thane (West), Maharashtra.