Avenue Supermarts Ltd

🚀 DMart Announces Leadership Transition & New Appointments Starting 2026

- Mr. Ignatius Navil Noronha will step down as MD & CEO of DMart on 31st January 2026.

- Mr. Anshul Asawa appointed as CEO from 1st February 2026 and as MD for a 3-year term starting 1st April 2026 (pending approval).

- Mr. Asawa brings 30 years of experience at Unilever, including leadership roles across India, Asia, and Europe.

- New senior leadership appointments effective 1st February 2026:

• Mr. Sachin Jaolekar (VP - FMCG): 25+ years in FMCG/retail, ex-HUL.

• Mr. Dastgir Shaikh (VP - General Merchandising): 26 years in retail/FMCG, with DMart since 2005.

• Mr. Shyam Gupta (Head - Apparels): 25 years in apparel retail/exports, ex-Shoppers Stop.

• Mr. Rushabh Ghiya (Head - Investor Relations & Chief of Staff): Chartered Accountant, 18 years’ experience, with DMart since 2017.