MoneyWorks4Me

Avenue Supermarts completes acquisition of 26% stake in FP Ampere Energy

28 Oct 2024 Evaluate

Avenue Supermarts has completed the acquisition of 26% shareholding of FP Ampere Energy (FPAEPL), a wholly owned subsidiary of Fourth Partner Energy for a total consideration of around Rs 2 crore. Consequently, FPAEPL has become an Associate Company of Avenue Supermarts.

Avenue Supermarts is a Mumbai-based company, which owns and operates D-Mart stores. D-Mart is an emerging national supermarket chain that offers customers a range of home and personal products under one roof.


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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