MoneyWorks4Me

Avenue Supermarts informs about acquisition

26 Oct 2024 Evaluate
Further to disclosure dated 7th October, 2024 intimating about the execution of Transaction Documents for acquisition of 26% stake in the equity share capital of FP Ampere Energy (FPAEPL), a wholly owned subsidiary of Fourth Partner Energy, Avenue Supermarts has informed that the Company has completed the acquisition of 26% shareholding of FPAEPL for a total consideration of Rs 1,99,99,990. Consequently, FPAEPL has become an Associate Company of Avenue Supermarts (the company).

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Avenue Supermarts 3711.95
Trent 2772.20
Vishal Mega Mart 101.30
PN Gadgil Jewellers 609.10
Aditya Birla Life 82.36
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