Avenue Supermarts Limited has received a penalty of ₹100,000 from regulatory authorities in Ghaziabad for violation of Food Safety and Standards Act provisions. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on 11th March, 2026.

Penalty Details and Authority

The penalty has been imposed by the Adjudicating Officer and Additional District Magistrate (City), Ghaziabad, Uttar Pradesh. The company received the order on 10th March, 2026, directing both Avenue Supermarts and the manufacturer of the product to pay the specified penalty amount.

Nature of Violation

The order pertains to violation of certain provisions of the Food Safety and Standards Act, 2006. Specifically, the penalty relates to an alleged substandard product that was manufactured by another company but sold at one of Avenue Supermarts' retail stores. The violation involves the sale of products that allegedly did not meet the required food safety standards.

Financial and Operational Impact

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

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, demonstrating the company's adherence to transparency requirements for listed entities. The penalty involves both Avenue Supermarts as the retailer and the original manufacturer of the allegedly substandard product, indicating shared responsibility in the regulatory framework.

Avenue Supermarts Limited has announced the opening of 8 new DMart stores across multiple states on March 8, 2026. This significant expansion brings the retail chain's total store count to 461 across India, representing a substantial growth from the previous count of 453 stores.

Multi-State Store Opening Details

The company formally communicated this major expansion to the stock exchanges through an official notification. The new stores have been opened simultaneously across eight different states:

Expansion Summary

Corporate Communication

The store openings were officially communicated to both stock exchanges through a formal intimation letter. Company Secretary & Compliance Officer Ashu Gupta signed the communication, which was digitally authenticated on March 8, 2026, at 19:36:49 +05'30'.

Strategic Expansion Across India

This simultaneous opening of 8 stores represents one of Avenue Supermarts Limited's most significant single-day expansions. The company has strategically chosen locations across diverse geographical regions, from Gujarat in the west to Uttarakhand in the north, and from Goa in the southwest to Telangana in the south. This expansion strengthens DMart's presence across multiple key markets in India.

Market Presence

With 461 stores now operational, Avenue Supermarts Limited continues to aggressively expand its retail footprint across India. The company maintains its headquarters at Plot No. B-72 & B-72A, Wagle Industrial Estate, Thane (West), Maharashtra, and continues to fulfill its regulatory compliance requirements by formally communicating each expansion to the exchanges.