Avenue Supermarts 26th AGM Approves Related-Party Transactions

Meeting Details

• Date: Wednesday, 19th August, 2026
• Time: 11:00 A.M. to 1:11 P.M. (IST)
• Location: Conducted through video conferencing (VC)/ other audio visual means
• Type: Annual General Meeting

Summary of Proposed Resolutions

Ordinary Business

1. To receive, consider and adopt the Audited financial statements (Standalone & Consolidated) of the Company for the financial year ended 31st March, 2026 together with Reports of the Board of Directors and Statutory Auditors thereon.

2. To re-appoint Mr. Bhaskaran N (DIN: 10808853) as Director, who retires by rotation.

3. To re-appoint Mr. Elvin Machado (DIN: 07206710) as Director, who retires by rotation.

Special Business

4. To approve payment of Commission to Independent Directors for a period of five years commencing from 1st April, 2027.

5. To approve re-appointment of Mr. Bhaskaran N (DIN: 10808853) as Whole-time Director from 17th October, 2026 upto 31st May, 2028.

6. To approve material related party transactions for sale of goods to Avenue E-Commerce Limited (Subsidiary) from date of meeting till next AGM, up to ₹35,000,000,000 plus applicable taxes.

7. To approve material related party transactions for sale of assets to Avenue E-Commerce Limited (Subsidiary) from date of meeting till next AGM, up to ₹50,000,000 plus applicable taxes.

8. To approve material related party transactions for purchase of assets from Avenue E-Commerce Limited (Subsidiary) from date of meeting till next AGM, up to ₹50,000,000 plus applicable taxes.

9. To approve material related party transactions for further investment in share capital of Avenue E-Commerce Limited (Subsidiary) from date of meeting till next AGM, up to ₹5,000,000,000.

10. To approve material related party transactions to provide Management & Business Support Services to Avenue E-Commerce Limited (Subsidiary) from 1st April, 2027 to 30th September, 2032, up to ₹60,000,000 plus applicable taxes annually.

11. To approve material related party transactions for Deputation of personnel to Avenue E-Commerce Limited (Subsidiary) from 1st April, 2027 to 30th September, 2032, up to ₹100,000,000 plus applicable taxes annually.

Voting Process

• The meeting was conducted via video conferencing with e-voting facilities.
• Mrs. Ashu Gupta, Company Secretary, briefed members on instructions for participating through VC and the e-voting process.
• Members who had not cast their vote by remote e-voting process were requested to e-vote on all resolutions during the meeting.
• The e-voting facility remained available for 15 minutes after the closure of the meeting.
• Mr. Himanshu S. Kamdar, Partner of M/s. Rathi & Associates, was appointed as Scrutinizer to scrutinize the voting process.

Voting Outcomes Disclosure

• A consolidated report on total votes cast in favour and against the resolutions will be submitted by the Scrutinizer within two working days.
• The voting results will be notified to the Stock Exchanges (BSE and NSE) and published on the company's website (www.dmartindia.com) and the website of NSDL (www.evoting.nsdl.com).

Compliance Statement

The meeting was conducted in accordance with the applicable provisions of:

• Companies Act, 2013 and Rules issued thereunder
• Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India

Attendees and Roles

• Presiding Officer: Ms. Kalpana Unadkat, Chairperson of the Company
• Company Secretary: Mrs. Ashu Gupta (welcomed members and explained procedures)
• Managing Director & CEO: Mr. Anshul Asawa (responded to member queries)
• Statutory Auditors: Mr. Vikram Mehta, Partner of S R B C & CO LLP
• Secretarial Auditors and Scrutinizer: Mr. Himanshu S. Kamdar, Partner of M/s. Rathi & Associates
• The Board of Directors and Key Managerial Personnel were also introduced.

Additional Information

• The requisite quorum was present at the meeting.
• The Chairperson addressed the Members and introduced all relevant personnel.
• Members were given the opportunity to raise queries during the meeting.
• The meeting concluded at 1:11 p.m. on 19th August, 2026.