Avenue Supermarts: Promoter Group Member Seeks Reclassification

Avenue Supermarts Ltd has received a request from Mr. Vijay Shankar Chandak, a member of the Promoter Group, to reclassify his shareholding from 'Promoter Group' to 'Public' category. Mr. Chandak holds 7,100 equity shares (0.001% of total equity) which were transmitted to him upon the demise of his spouse, Mrs. Chanda Chandak. He asserts he does not exercise control or management over the company and seeks reclassification as per SEBI regulations. The request is subject to approval from the Board of Directors, Stock Exchanges, and other regulatory authorities.