StockWatch
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Diversified Retail
Board Meeting11 Jul 2026, 04:00 pm

Avenue Supermarts Declares Q1 FY27 Unaudited Financial Results

AI Summary

Avenue Supermarts Ltd announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors also approved the issuance of Non-convertible Debentures up to ₹1,000 crore. Key management changes were approved, including the re-appointment of Mr. Bhaskaran N as Whole-time Director and COO, and the appointment of Mr. Lalit Ahuja as Chief Operating Officer. The Board also approved the reclassification of Mr. Vijay Shankar Chandak from Promoter Group to Public category, subject to stock exchange approval.

Key Highlights

  • Unaudited standalone and consolidated financial results for Q1 FY27 declared.
  • Board approved issuance of Non-convertible Debentures up to ₹1,000 crore.
  • Approved re-appointment of Mr. Bhaskaran N as Whole-time Director and COO.
  • Approved appointment of Mr. Lalit Ahuja as Chief Operating Officer.
  • Approved reclassification of Mr. Vijay Shankar Chandak from Promoter Group to Public.