Avenue Supermarts has incorporated a wholly owned subsidiary (WOS) named ‘Reflect Wholesale and Retail’ on May 28, 2018 and is yet to commence its business operations. The company has subscribed to 100,000 equity shares of Rs 10 each at par, which amounts to 100% of the share capital of the said company.
Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.