Avenue Supermarts has invested an amount of Rs 100 crore by subscribing to 28,969,000 equity shares of Rs 10 each of Avenue E-Commerce (AEL), a subsidiary of the Company at an issue price of Rs 34.52 per share (including a premium of Rs 24.52 per share) on preferential basis. These funds shall be utilised by AEL towards its operational and working capital requirements.
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.
| Company Name | CMP |
|---|---|
| Avenue Supermarts | 3952.25 |
| Trent | 2840.30 |
| Vishal Mega Mart | 110.45 |
| Aditya Birla Life | 94.88 |
| PN Gadgil Jewellers | 592.65 |
| View more.. | |
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