Avenue Supermarts opens new store in Udaipur, total count hits 505

1 min read     Updated on 27 Jul 2026, 05:17 PM
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AI Summary

Avenue Supermarts Limited has opened its 505th store in Pratapnagar, Udaipur, on July 27, 2026. The expansion highlights the company's ongoing growth trajectory in emerging markets. The update was formally notified to BSE and NSE by Company Secretary Ashu Gupta.

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Avenue Supermarts Limited expanded its retail footprint with the opening of a new store in Pratapnagar, Udaipur, Rajasthan, on July 27, 2026. The addition brings the company’s total store count to 505 outlets nationwide, reinforcing its strategy of steady geographic penetration in tier-2 and tier-3 cities. This milestone underscores the retailer's continued operational momentum as it scales its supply chain and store management capabilities to support a growing network.

The store opening was formally communicated to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd. (NSE) through an official intimation dated July 27, 2026. The filing was signed by Ashu Gupta, the Company Secretary & Compliance Officer of Avenue Supermarts Limited. The communication serves as a regulatory disclosure under standard exchange guidelines for significant operational updates.

Expansion Details

The new outlet is located in Pratapnagar, a suburb of Udaipur in Rajasthan. This entry marks another step in the company's regional expansion plan, targeting high-potential markets in North and West India. The total number of stores now stands at 505.

Metric Detail
New Store Location Pratapnagar, Udaipur, Rajasthan
Opening Date July 27, 2026
Total Store Count 505

Operational Context

Avenue Supermarts Limited operates under the brand name DMart, known for its efficient inventory turnover and low-cost retail model. The consistent addition of stores reflects the company's ability to execute its capex plans while maintaining operational discipline. With 505 stores now active, the retailer continues to leverage its scale advantages in procurement and logistics.

Regulatory Disclosure

The intimation was dispatched to both major Indian stock exchanges to ensure transparency for investors. The filing confirms that the store is operational as of the date of communication. No further financial details or performance metrics for the specific new unit were disclosed in this brief notice.

Historical Stock Returns for Avenue Supermarts DMart

1 Day5 Days1 Month6 Months1 Year5 Years
+0.22%+1.92%-7.11%+9.73%+0.17%+15.62%

How will the addition of stores in tier-2 cities like Udaipur impact DMart's average revenue per square foot compared to its established tier-1 locations?

What is Avenue Supermarts' projected timeline for reaching 600 outlets, and how does this expansion pace compare to competitors like Reliance Retail?

Will the company need to increase capital expenditure significantly to support the logistics and supply chain infrastructure for deeper penetration into Rajasthan and North India?

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Avenue Supermarts DMart sets August 19 for 26th AGM with remote voting

2 min read     Updated on 25 Jul 2026, 08:21 PM
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AI Summary

Avenue Supermarts Limited schedules its 26th AGM for August 19, 2026, via VC/OAVM. Remote e-voting runs from August 14 to August 18, 2026, with a record date of August 12. Shareholders without registered emails must update details with MUFG Intime India Private Limited to access the Annual Report 2025-26 and vote.

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Avenue Supermarts DMart will hold its 26th Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 11:00 AM IST via Video Conferencing (VC) or Other Audio-Visual Means (OAVM). The meeting allows shareholders to transact business remotely in compliance with the Companies Act, 2013, and SEBI Listing Regulations, ensuring accessibility for all members regardless of location.

The Company Secretary & Compliance Officer, Ashu Gupta, confirmed the schedule in a filing dated July 24, 2026, submitted to BSE Limited and the National Stock Exchange of India Ltd. The notice was published in Financial Express and Navshakti newspapers on July 24, 2026. This procedural step ensures regulatory transparency under Regulation 30 read with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates for Shareholders

Shareholders must adhere to specific timelines to exercise their voting rights. The cut-off date for eligibility is Wednesday, August 12, 2026. Only individuals recorded in the Register of Members or Register of Beneficial Owners on this date are entitled to vote.

Event Date Time
Record Date August 12, 2026 N/A
Remote E-Voting Start August 14, 2026 9:00 AM IST
Remote E-Voting End August 18, 2026 5:00 PM IST
AGM Date August 19, 2026 11:00 AM IST

E-Voting Process and Restrictions

Pursuant to Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014, Avenue Supermarts Limited is facilitating electronic voting through NSDL at www.evoting.nsdl.com . Members may cast votes on all resolutions set forth in the AGM Notice during the remote e-voting period. Once a vote is cast, it cannot be changed subsequently.

Members who have already voted via remote e-voting may attend the AGM but are not entitled to cast their vote again at the meeting. Conversely, members attending the AGM through VC/OAVM who have not voted remotely may cast their votes electronically during the meeting.

Accessing Annual Report and Registration

The Notice of the AGM along with the Annual Report 2025-26 was sent electronically on July 23, 2026, to members with registered email addresses. For those without registered emails, the company is sending a letter with a web link to access these documents, complying with Regulation 36(1)(b) of the SEBI Listing Regulations.

Shareholders holding shares in physical mode who have not registered or updated their email addresses are requested to submit details in Form ISR-1 to MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the Registrar and Share Transfer Agent. Demat shareholders must register their email addresses with their Depository Participants. Forms can be downloaded from the company’s investor relationship website.

Contact Information

For queries regarding e-voting, members may refer to the FAQs and user manual available at www.evoting.nsdl.com . Assistance is also available from Amit Vishal, Vice President - NSDL, or Prajakta Pawle, Executive - NSDL, at evoting@nsdl.com or 022 - 4886 7000.

Historical Stock Returns for Avenue Supermarts DMart

1 Day5 Days1 Month6 Months1 Year5 Years
+0.22%+1.92%-7.11%+9.73%+0.17%+15.62%

What specific strategic resolutions or dividend proposals are expected to be tabled at the August 2026 AGM, and how might they impact shareholder returns?

How does Avenue Supermarts plan to leverage the insights from its 2025-26 Annual Report to address competitive pressures in the Indian organized retail sector?

Will the company announce any new store expansion targets or supply chain technology investments during the AGM to sustain its growth trajectory?

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1 Year Returns:+0.17%