<h1>Avenue Supermarts Penalty Imposed Over Construction Non-Compliance at Project Site</h1>
Avenue Supermarts Limited has received a penalty from the Greater Bengaluru Authority concerning non-compliance related to construction activities at one of its project sites.
The authority imposed a penalty totaling Rs. 28.28 lakhs on the company. The penalty was levied following the company’s receipt of the direction or order from the authority on August 25, 2026.
The levy was imposed specifically for non-compliance in relation to the construction activities undertaken at the company’s project site.
Regarding the impact of the action, the financial consequence is limited to the penalty amount imposed. Avenue Supermarts confirmed that there is no material impact on the operations or other activities of the company stemming from this notice.
DMART Stock Price Movement
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