Avenue Supermarts Limited has expanded its retail footprint with the opening of 3 new DMart stores across North India on February 23, 2026. The new store openings mark another milestone in the company's ongoing expansion strategy, bringing the total store count to 452.

New Store Locations

The company has strategically opened stores in three key locations across Rajasthan and Uttar Pradesh:

Expansion Strategy

The simultaneous opening of three stores demonstrates Avenue Supermarts' commitment to strengthening its presence in North India. The selection of locations includes both standalone locations and mall-based formats, indicating the company's flexible approach to market penetration.

The Kota store represents the company's continued expansion in Rajasthan, while the Ghaziabad and Greater Noida locations strengthen its foothold in the National Capital Region. Both Ghaziabad and Greater Noida stores are strategically located within established shopping malls, potentially benefiting from existing foot traffic.

Store Count Milestone

With the addition of these 3 stores, Avenue Supermarts has reached a total of 452 stores across its network. This expansion reflects the company's systematic approach to retail growth and its focus on capturing market share in key urban and semi-urban markets.

The company formally notified both BSE Limited and The National Stock Exchange of India Ltd. about the store openings, maintaining transparency with stakeholders regarding its expansion activities. Company Secretary & Compliance Officer Ashu Gupta signed the official communication to the stock exchanges.

Avenue Supermarts Limited has received a penalty of ₹17.50 lakh from the Navi Mumbai Municipal Corporation for inadequate air pollution control measures at one of its construction sites. The company disclosed this regulatory action to stock exchanges on February 19, 2026, in compliance with SEBI listing obligations.

Penalty Details and Regulatory Action

The penalty was imposed by the Assistant Commissioner of Navi Mumbai Municipal Corporation, with the company receiving the order on February 4, 2026. The regulatory action specifically targets violations related to inadequate air pollution control measures at the company's construction site.

Financial and Operational Impact

Avenue Supermarts has clarified that the financial impact of this penalty is limited to the imposed amount of ₹17.50 lakh. The company has explicitly stated that there is no material impact on its operations or other business activities due to this regulatory notice.

Regulatory Compliance and Disclosure

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates listed companies to inform stock exchanges about material events and regulatory actions. Company Secretary and Compliance Officer Ashu Gupta signed the disclosure document, ensuring compliance with regulatory requirements.

The company's authorized officers received the penalty information on February 19, 2026, and promptly disclosed it to both BSE and NSE to maintain transparency with investors and regulatory authorities.