Avenue Supermarts Limited was informed on March 10, 2026, that an Adjudicating Officer imposed a penalty of Rs. 100,000/-. The penalty relates to the sale of a substandard product manufactured by another company at one of the Company’s stores. The violation falls under the Food Safety and Standards Act, 2006. The Company confirms this penalty has no material impact on its ongoing financial or operational activities.
Regulatory Communication Received
Avenue Supermarts Limited hereby provides disclosure regarding an order received from an adjudicating authority. The communication was officially received on 10th March, 2026, from the Adjudicating Officer and Additional District Magistrate (City), Ghaziabad, Uttar Pradesh.
Details of Action Taken
The order pertains to the violation of certain provisions under the Food Safety and Standards Act, 2006. The violation involved the sale of a substandard product which was manufactured by an external company, sold at one of the Company’s retail stores. Consequently, a penalty has been imposed on both Avenue Supermarts and the product manufacturer.
Financial Impact Assessment
The total financial impact stemming from this order is limited strictly to the amount of the penalty levied, which is Rs. 100,000/-. The management confirms that the issuance of this order has no material adverse impact on the company’s overall operations or other key business activities.
Source: BSE
