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Jay Ambe Supermarkets signs lease agreement to establish new supermarket in Gujarat

05 Jun 2026 Evaluate

Jay Ambe Supermarkets has entered into a registered lease arrangement with four independent individual property owners for commercial premises situated at Bayad, District Arvalli, Gujarat, for the purpose of establishing a new supermarket under the brand name ‘City Square Mart’.

The said leasing arrangement forms part of the company’s ongoing business expansion and retail growth strategy. The execution of this Lease Deed is purely a commercial/operational arrangement for the purpose of expanding the company's retail business.

Jay Ambe Supermarkets is engaged in Retail Supermarkets Trading Activities, having supermarkets at various places.


Peers
Company Name CMP
Avenue Supermarts 3687.90
Trent 2804.40
Vishal Mega Mart 101.50
Aditya Birla Life 83.43
PN Gadgil Jewellers 613.50
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