Avenue Supermarts Ltd has re-appointed Bhaskaran N as Whole-time Director designated as Chief Operating Officer for a term commencing on October 17, 2026, and concluding on May 31, 2028. The decision, taken by the Board of Directors on July 11, 2026, is subject to the approval of the company's shareholders. This leadership restructuring aims to ensure continuity in the company's retail operations and supply chain management.

The Board also approved the appointment of Lalit Ahuja as Chief Operating Officer, a Senior Management Personnel role, effective July 13, 2026. Concurrently, the company announced a change in the designation of Parvez Vandrewala from Chief Operating Officer to Head - Centre of Excellence, effective November 1, 2026. Vandrewala will continue to serve as a Senior Managerial Personnel of the company following this transition.

Bhaskaran N holds a graduation degree in Commerce from the University of Madras and a post-graduation in Human Resource Management from XLRI-Xavier School of Management. He has over 32 years of experience in corporate secretarial functions, operations, supply chain management, and human resource management. Having joined the company in 2008 as Vice President – HR, he currently manages retail operations and is not related to any other directors of the company.

Lalit Ahuja brings 28 years of extensive experience to the role, having previously worked with prominent organizations such as Philips India, General Mills, Dabur, Godrej Consumer Products, Mars, and Apple. Most recently, he spent over a decade at Zydus Wellness as Senior Vice President (Sales) and Business Head for the Sub-Continent. Ahuja holds a Bachelor of Science degree in Electronics from Delhi University and is an alumnus of IIM Bangalore.

The regulatory disclosures regarding these changes were made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant circulars issued by BSE and NSE. The company confirmed that Bhaskaran N is not debarred from holding the office of Director by any order of the Securities and Exchange Board of India or other authorities.

Management Changes Summary

avenue supermarts dmart opened a new store at Delta 1, Greater Noida (Uttar Pradesh) on July 10, 2026. This expansion increases the retailer's total operational footprint to 504 stores across the country.

The disclosure was submitted to the stock exchanges by Ashu Gupta, Company Secretary & Compliance Officer. The notification confirms the commencement of operations at the new outlet effective immediately.

Store Expansion Details

The new store is located in Delta 1, Greater Noida, Uttar Pradesh. The opening marks a continued effort by the company to expand its physical presence in key markets.