Avenue Supermarts Limited (DMART) — Related Party Transaction Announcement
📢 Key Event
Avenue Supermarts invested ₹149.99 crores to acquire 4.33 million shares of Avenue E-Commerce Limited at ₹34.65 per share.
🔄 What Changed
Shareholding increased from 99.77% to 99.79% post-acquisition.
🔮 What's Next
No forward guidance provided.
💡 Investor Takeaway
The investment slightly increases ownership in the subsidiary without altering control, reflecting confidence in its growth trajectory.
Avenue Supermarts Limited invested [amount not verified] to acquire 4.33 million shares of its subsidiary Avenue E-Commerce Limited at ₹34.65 per share, increasing its stake to 99.79%. The transaction, completed on 8 June 2026, is a cash-based related party transaction approved as arm's length, with no promoter group interest except for a director overlap. The subsidiary, incorporated in 2014, operates DMart Ready online grocery services and reported ₹4,093.61 crores turnover in FY2025-26.
📄 View Original Announcement (PDF)
About Avenue Supermarts Limited (DMART)
Consumer Services · Retailing · Listed on NSE
Market Cap: ₹2,84,258.63 Cr
P/E: 104.3
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.