Announced Tue, 27 Oct, 2026 · 17:12 IST
Rs 55.75 lakh penalty for missing prescribed project completion timeline
DMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
Avenue Supermarts disclosed that Gujarat International Finance Tec-City Company Limited imposed a Rs 55.75 lakh penalty on October 26, 2026. The penalty relates to missing the prescribed completion timeline for a project. The company says the impact is limited to the penalty, with no material effect on operations or other activities.
Likely market impact
Shareholders face a one-time Rs 55.75 lakh charge; the company reports no material impact on operations.