Avenue Supermarts Limited — Others, 28-01-2025: Action(s) initiated or orders passed
28-01-2025 | 05:08 pm
28-01-2025 | 05:08 pm
Avenue Supermarts Limited has received a penalty order from the Surat District Consumer Disputes Redressal Commission. The company is required to pay ₹1.5 lakh to the Consumer Welfare Fund and ₹5,000 to the complainant due to a customer complaint regarding incorrect manufacturing and expiry dates on a product sold in a Dmart store. While the penalty imposes a financial obligation, it does not significantly impact the company's overall operations. Investors may view this as a minor risk, but the limited financial implications suggest a neutral impact on the company's performance.
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