Avenue Supermarts Limited — Others, 22-01-2025: Action(s) initiated or orders passed

Avenue Supermarts has disclosed that it faces a penalty of ₹13.35 cr from the Court of Collector (Stamps) in Pali, Rajasthan, related to a deficit in stamp duty for a registered agreement from 2024. The total demand, including various charges, amounts to ₹68.86 cr. While this penalty poses a financial setback, the company reports that there is no material impact on its operations. The firm is currently assessing its response to the notice. Investors might view this situation as a manageable risk, with a potential for a neutral impact on overall performance.