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.

Avenue Supermarts Limited has announced the opening of a new D-Mart store at Gachibowli, Rangareddy in Telangana on February 19, 2026. The retail chain operator informed stock exchanges about this latest expansion, which brings the company's total store count to 449 across India.

Recent Store Expansion

The company has been actively expanding its retail footprint with two new store openings in quick succession. Following the opening of a store at Mandore, Jodhpur in Rajasthan on February 13, 2026, the company has now launched its latest outlet in Telangana. This rapid expansion demonstrates D-Mart's aggressive growth strategy in different geographical markets.

Corporate Communication

The store opening intimation was signed by Ashu Gupta, Company Secretary & Compliance Officer of Avenue Supermarts Limited. The communication was digitally signed and timestamped at 18:27:24 +05'30' on February 19, 2026. The company requested both BSE Limited and The National Stock Exchange of India Ltd to take the information on record as part of its regulatory compliance obligations.

Strategic Network Expansion

With this new addition, D-Mart's retail network now spans 449 stores across various states in India. The opening of stores in both Rajasthan and Telangana within a week showcases the company's commitment to expanding its physical retail presence across diverse markets. This expansion strategy continues to strengthen D-Mart's position as one of India's leading retail chains in the value retail segment, particularly focusing on tier-2 and tier-3 cities.