Avenue Supermarts Limited has announced the opening of a new DMart store in Ullal, located in Dakshina Kannada district of Karnataka, on March 6, 2026. This expansion brings the retail chain's total store count to 453 across India.

Store Opening Details

The company formally communicated this development to the stock exchanges through an official notification. The key details of this expansion are:

Corporate Communication

The store opening was officially communicated to both BSE Limited and The National Stock Exchange of India Ltd. through a formal intimation letter. Company Secretary & Compliance Officer Ashu Gupta signed the communication, which was digitally authenticated on March 6, 2026, at 17:53:17 +05'30'.

Strategic Expansion

This new store opening in Ullal represents Avenue Supermarts Limited's continued expansion in the southern Indian market. The addition strengthens the company's retail presence in Karnataka, a key market for the DMart chain. The company maintains its headquarters at Plot No. B-72 & B-72A, Wagle Industrial Estate, Thane (West), Maharashtra.

Market Presence

With 453 stores now operational, Avenue Supermarts Limited continues to expand its retail footprint across India. The company trades on BSE under scrip code 540376 and on NSE under the symbol DMART. Each new store opening is formally communicated to the exchanges as part of the company's regulatory compliance requirements.

Avenue Supermarts Limited has formally disclosed the voting results for the appointment of Mr. Anshul Asawa as Managing Director and Chief Executive Officer, in compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted the scrutinizer's report and voting results to BSE and NSE on February 24, 2026, confirming overwhelming shareholder approval with 99.67% votes in favour.

Appointment and Regulatory Compliance

The shareholders approved Mr. Anshul Asawa's (DIN: 11400809) appointment as Managing Director, designated as Chief Executive Officer, for a period of 3 years from April 1, 2026 till March 31, 2029. The resolution was proposed as an ordinary resolution through the postal ballot notice dated January 10, 2026, and conducted in accordance with Section 110 of the Companies Act, 2013.

Comprehensive Voting Results

The postal ballot process demonstrated exceptional shareholder participation and confidence across all categories:

Category-wise Voting Breakdown

The voting pattern showed unanimous support from promoters and strong backing from institutional and retail investors:

Promoter and Promoter Group

Public Institutions

Public Non-Institutions

Scrutinizer's Report and Process

Rathi & Associates Company Secretaries served as the scrutinizer for the voting process, ensuring compliance with statutory requirements. The remote e-voting facility was provided through National Securities Depository Limited (NSDL) platform during the voting period from January 22, 2026 to February 20, 2026.

The voting results and scrutinizer's report have been made available on the company's website at www.dmartindia.com and on NSDL's website at www.evoting.nsdl.com , ensuring full transparency and regulatory compliance. The appointment reflects strong shareholder confidence in the company's leadership direction under Mr. Anshul Asawa's stewardship.