Avenue Supermarts Announces Senior Management Changes

Avenue Supermarts Ltd has announced significant changes in its senior management personnel. Mr. Bhaskaran N has been re-appointed as Whole-time Director, designated as Chief Operating Officer, for a term from October 17, 2026, to May 31, 2028, subject to shareholder approval. Additionally, Mr. Lalit Ahuja has been appointed as Chief Operating Officer, effective July 13, 2026. Mr. Parvez Vandrewala will transition from Chief Operating Officer to Head - Centre of Excellence starting November 1, 2026, and will continue to be Senior Managerial Personnel. These changes were approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee.