Avenue Supermarts Limited has informed the Exchange about Resignation of Director/KMP/SMP
DMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mr. Shyam Gupta, Head of Apparels at Avenue Supermarts (DMart), has tendered his resignation effective 14th May 2026. His last working date will be 12th August 2026, providing approximately 3 months of transition time. The resignation has been attributed to personal reasons. Mr. Gupta, who held the position of Vice President - Head of Apparels, has expressed commitment to ensuring a smooth handover. The company has filed this intimation under SEBI's Regulation 30 (Listing Obligations and Disclosure Requirements).
This is a mid-level management change within the apparels vertical and unlikely to have any material impact on DMart's operations or stock price. The 3-month notice period should allow sufficient time for a smooth transition.