- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
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Avenue Supermarts' 25th Annual General Meeting saw shareholders adopt the audited financial statements for the last fiscal year. Key governance approvals included the re-appointment of two directors and the appointment of Ms. Rita Teaotia as an Independent Director. Significantly, material related party transactions with its e-commerce subsidiary, Avenue E-Commerce Limited, were approved. These include the sale of goods up to 3,500 Cr, sale of assets up to 5 Cr, purchase of assets up to 5 Cr, and further investment in the subsidiary's share capital up to 500 Cr. These approvals are crucial for operational continuity and strategic investment in the digital business.