Retail Giant D-Mart Bags ₹175 Crore Investment—Shares in Spotlight!

Avenue Supermarts Ltd., the parent company of DMart, has invested ₹174.99 crore in its subsidiary, Avenue E-Commerce Limited (AEL), which operates the online grocery platform DMart Ready. The investment was made through the subscription of 4.67 crore equity shares at ₹37.41 per share, as disclosed i...

Avenue Supermarts Ltd., the parent company of DMart, has invested ₹174.99 crore in its subsidiary, Avenue E-Commerce Limited (AEL), which operates the online grocery platform DMart Ready. The investment was made through the subscription of 4.67 crore equity shares at ₹37.41 per share, as disclosed in a regulatory filing on March 19, 2025. The funds will support AEL’s operational expenses, working capital, and infrastructure upgrades to expand its services in the competitive e-commerce market. This move slightly increases Avenue Supermarts’ stake in AEL from 99.71% to 99.74%. AEL, established in 2014, reported a turnover of ₹2,899.20 crore for FY24 and continues to grow as a key player in multi-channel grocery retailing. This strategic investment underscores DMart’s commitment to strengthening its digital presence and adapting to evolving consumer preferences. Source: Economic Times, Business Standard