Avenue Supermarts has opened a new store at Sankeshwar, Belagavi (Karnataka), on March 21, 2025. The total number of stores as on date stands at 399.
Earlier, the company had invested an amount of Rs 174.99 crore by subscribing to 4,67,78,000 equity shares of Rs 10 each of Avenue E-Commerce (AEL), a subsidiary of the Company at an issue price of Rs 37.41 per share (including a premium of Rs 27.41 per share).
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.
