Avenue Supermarts Opens 10 New DMart Stores, Total Count Reaches 463

Avenue Supermarts Limited has continued its aggressive expansion strategy with the opening of 10 new DMart stores across multiple states in March 2026. The retail chain's total store count has now reached 463 across India, representing significant growth through strategic multi-state expansion.

Latest Store Openings

On March 12, 2026, the company opened 2 additional stores at Bavadhan, Pune (Maharashtra) and Chilakaluripeta, Palnadu (Andhra Pradesh). This follows the earlier opening of 8 stores on March 8, 2026, demonstrating the company's commitment to rapid expansion.

Recent Store Openings:	Details
March 12 Stores:	2 stores
Bavadhan, Pune:	Maharashtra
Chilakaluripeta, Palnadu:	Andhra Pradesh
March 8 Stores:	8 stores
Total New Stores:	10 stores
Current Total Count:	463 stores

March 8 Multi-State Expansion

The company's March 8 expansion covered eight different states simultaneously:

Store Location:	State
Modasa, Aravalli:	Gujarat
Sancoale:	Goa
Quark City, S.A.S Nagar:	Punjab
Adilabad:	Telangana
Hubli, Dharwad:	Karnataka
IMT Bawal, Rewari:	Haryana
Vidisha:	Madhya Pradesh
Ajapbupur, Dehradun:	Uttarakhand

Corporate Communication and Compliance

Both store opening announcements were officially communicated to BSE Limited and The National Stock Exchange of India Ltd through formal intimation letters. Company Secretary & Compliance Officer Ashu Gupta signed both communications, with the latest notification digitally authenticated on March 12, 2026, at 16:38:19 +05'30'.

Strategic Market Expansion

This rapid expansion demonstrates Avenue Supermarts Limited's strategic approach to strengthening its retail footprint across diverse geographical regions. The company has now expanded its presence from western states like Gujarat and Goa to northern regions including Punjab and Uttarakhand, and southern markets covering Telangana and Andhra Pradesh. With 463 stores now operational, the company continues to maintain its aggressive growth trajectory while ensuring full regulatory compliance through timely exchange notifications.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.11%	+3.42%	+1.60%	-15.82%	+0.15%	+36.95%

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.

Parameter:	Details
Penalty Amount:	₹100,000
Imposing Authority:	Adjudicating Officer and Additional District Magistrate (City), Ghaziabad
Order Receipt Date:	10th March, 2026
Disclosure Date:	11th March, 2026

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.

Impact Area:	Assessment
Financial Impact:	Limited to penalty amount of ₹100,000
Operational Impact:	No material impact
Other Activities:	No impact on other business activities

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.