Avenue Supermarts gets ₹56 lakh penalty for project completion delay

Legal
retail supermarkets

Blacklitt Research27 October 20262 min read

Avenue Supermarts (NSE: DMART) has been penalised ₹55.75 lakh by Gujarat International Finance Tec-City Company Limited for non-compliance with a prescribed project completion timeline, it said in a filing on 27 Oct 2026. The order was received on 26 Oct 2026.

What the penalty is for

The authority levied the penalty for non-compliance with the prescribed project completion timeline, according to the company's disclosure under Regulation 30 of the SEBI Listing Regulations. The company's filing identifies the authority as Gujarat International Finance Tec-City Company Limited, which is the body that imposed the penalty on Avenue Supermarts.

The penalty is ₹55.75 lakh. The filing states that the financial impact of the notice is to the extent of this penalty.

Impact on operations

The company says there is no material impact on its operations or other activities due to the notice. The financial effect it reports is limited to the penalty amount itself.

Avenue Supermarts reported consolidated total income of ₹19,657.54 crore for Q2 FY27, up 17.7% year on year, and consolidated net profit of ₹742.98 crore, up 8.5%. The ₹55.75 lakh penalty is small against those figures, although the filing does not put it in that comparison itself.

What the penalty means for Avenue Supermarts' shareholders

The penalty is a monetary charge of ₹55.75 lakh, which the company itself describes as the full financial impact of the notice, and it says operations are not materially affected. The company's market value was ₹2,08,720 crore at the 27 Oct 2026 close, according to Blacklitt's data.

The filing does not say which project or location the penalty relates to, how many days of delay it covers, how the amount was calculated, whether the company will appeal or contest it, or whether it has been paid. No further dated step is given in the filing.

At a glance

Item	Detail
Penalty amount	₹55.75 lakh
Authority	Gujarat International Finance Tec-City Company Limited
Reason given	Non-compliance with the prescribed project completion timeline
Order received	26 Oct 2026
Disclosure date	27 Oct 2026
Company's stated impact	Limited to the penalty amount; no material impact on operations

Reference: Original filing (PDF)

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