Avenue Supermarts Reports Resignation of Centre of Excellence Head
Avenue Supermarts Limited confirmed the resignation of Mr. Rajeev Chandrasekharan from the role of Head - Centre of Excellence and Senior Management Personnel of the Company. The resignation was submitted on April 6, 2026, citing personal reasons.Mr. Chandrasekharan’s last working day with Avenue Supermarts Limited is scheduled for July 5, 2026.
The company reported the key details regarding the change in personnel through an annexure detailing the resignation.
A summary of the details related to the change is provided below:
| Particulars | Details |
|---|---|
| Reason for change | Resignation of Mr. Rajeev Chandrasekharan from the position of Head - Centre of Excellence and Senior Management Personnel of the Company |
| Date of cessation | Mr. Rajeev will be relieved of his duties from the close of business hours on July 5, 2026. |
In a personal resignation letter addressed to the CEO & MD, Mr. Chandrasekharan stated that his decision to resign was personal and intended to allow him to focus on a passion project. He assured management of his commitment to completing ongoing projects and ensuring a smooth transition during his remaining tenure.
DMART Stock Price Movement
At the close of trade today, shares of Avenue Supermarts Limited rallied significantly by 3.96% to trade at ₹4535. The stock navigated the day within a range spanning from ₹4353.1 to ₹4562.6, accompanied by solid trading volume of 1,915,220 shares.Source:
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