Change in Management

11th July, 2026 BSE Limited National Stock Exchange of India Ltd. Corporate Services Department Corporate Communications Department Phiroze Jeejeebhoy Towers, “Exchange Plaza”, 5th Floor, Dalal Street, Bandra – Kurla Complex, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 BSE Scrip Code: 540376 NSE Scrip Symbol: DMART Sub: Change in Management of the Company Dear Sir/ Madam, With reference to the captioned subject, we hereby inform that the Board of Directors of the Company at its meeting held on 11th July, 2026, inter-alia other matters, have approved the following based on recommendation of the Nomination and Remuneration Committee: 1. Re-appointment of Mr. Bhaskaran N (DIN: 10808853) as Whole-time Director, designated as 'Chief Operating Officer' of the Company, for a period commencing from 17th October, 2026 to 31st May, 2028, subject to approval of shareholders of the Company. Mr. Bhaskaran N is not debarred from holding the office of Director by virtue of any order of Securities and Exchange Board of India or any other such authority in accordance with BSE Circular No. LIST/COMP/14/2018-19 and NSE Circular No. NSE/CML/2018/24 dated 20th June, 2018. 2. Appointment of Mr. Lalit Ahuja as ‘Chief Operating Officer’, Senior Management Personnel of the Company, with effect from 13th July, 2026; 3. Change in designation and role of Mr. Parvez Vandrewala from ‘Chief Operating Officer’ to ‘Head - Centre of Excellence’ with effect from 1st November, 2026. Consequent to the above change, Mr. Parvez Vandrewala will continue to be Senior Managerial Personnel of the Company. The details required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated 30th January, 2026, are enclosed herewith. Kindly take the same on your record and acknowledge. Thanking you. Yours faithfully, For Avenue Supermarts Limited Ashu Gupta Company Secretary & Compliance Officer Encl: As above Details as per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read along with SEBI Master Circular No. HO/49/14/14(7)2025- CFDPOD2/I/3762/2026 dated 30th January, 2026 1. Re-appointment of Mr. Bhaskaran N Sr. Particulars Details 1. Reason for change viz. appointment, Re-appointment of Mr. Bhaskaran N (DIN: 10808853) as re-appointment, resignation, Whole-time Director, designated as 'Chief Operating removal, death or otherwise; Officer' of the Company 2. Date of appointment/ re- From 17th October, 2026 to 31st May, 2028 appointment/ cessation (as applicable) & term of appointment/ re-appointment; 3. Brief profile (in case of Mr. Bhaskaran N holds graduation degree in Commerce appointment); from University of Madras, post-graduation in Human Resource Management from XLRI-Xavier School of Management, Jamshedpur and has completed an Advanced Program in Supply Chain Management from Indian Institute of Management, Calcutta. He is an associate member of the Institute of Company Secretaries of India. He has over 32 years of experience in corporate secretarial functions, operations, supply chain management and human resource management. Prior to joining our Company, he has worked with TCL India Holdings Private Limited and Birla Sun Life Distribution Company Limited. He joined the Company in 2008 as Vice President – HR initially, built the staples business, established and developed supply chain function. Presently, he is managing the retail operations. 4. Disclosure of relationships between Mr. Bhaskaran N is not related to any of the Directors of directors (in case of appointment of the Company a director). 2. Appointment of Mr. Lalit Ahuja Sr. Particulars Details 1. Reason for change viz. appointment, Appointment of Mr. Lalit Ahuja as Chief Operating Officer, re-appointment, resignation, Senior Management Personnel of the Company. removal, death or otherwise; 2. Date of appointment/ re- 13th July, 2026 appointment/ cessation (as applicable) & term of appointment/ re-appointment; 3. Brief profile (in case of appointment); Mr. Lalit Ahuja holds a Bachelor of Science degree in Electronics from Delhi University and is an alumnus of IIM Bangalore. Lalit brings with him 28 years of extensive experience, having been associated with prominent companies such as Philips India, General Mills, Dabur, Godrej Consumer Products, Mars, and Apple. In his previous assignment, he spent over a decade with Zydus Wellness, where he served as Senior Vice President (Sales) and Business Head for the Sub-Continent. 4. Disclosure of relationships between Not applicable directors (in case of appointment of a director). 3. Change in role and designation of Mr. Parvez Vandrewala Sr. Particulars Details 1. Reason for change viz. appointment, Mr. Parvez Vandrewala, ‘Chief Operating Officer’ of the re-appointment, resignation, Company shall be designated as ‘Head - Centre of removal, death or otherwise; Excellence’ w.e.f. 1st November, 2026. He will continue to be Senior Managerial Personnel of the Company. 2. Date of appointment/ re- 1st November, 2026 appointment/ cessation (as applicable) & term of appointment/ re-appointment; 3. Brief profile (in case of appointment); Not applicable 4. Disclosure of relationships between Not applicable directors (in case of appointment of a director).