Avenue Supermarkets Ltd. (ASL), which Mr.

Radha-kisan Damani established, owns

andoperates D-Mart. Mr. Radha-kisan Damani is well-known in the business world for being
anexpert investor in the Indian stock market. He has developed a company that is dedicated
tocreating a deep understanding of client needs and meeting them with the appropriate
products.INTRODUCTIOND-Mart is an Indian retail company that owns and manages a chain
of hypermarketsnationwide. Radha-Kisan Damani founded it in 2002, with its first location in
Powai’sHiranandani Gardens. As of December 31, 2019, it had 196 stores in 72 cities across
11Indian states, including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Madhya
Pradesh,Chhattisgarh, Rajasthan, National Capital Region, Tamil Nadu, Karnataka, Uttar
Pradesh,Daman, and Punjab.Avenue Supermarkets Ltd is D-Mart’s promoter. Headquarters is in
Mumbai D-Mart had7,713 full-time employees and 33,597 part-time employees as of March 31,
2019. Avenue3 |Page

Supermarkets Ltd owns and operates the supermarket chain D-Mart outlets (ASL). Mumbaiis
home to the company’s headquarters.D Mart, D Mart Minimax, D Mart Premia, D Homes, and
Dutch Harbor are all owned byASL.It made a record opening on the market on the National
Stock Exchange after its IPO listing(Avenue Supermarkets Ltd.). The stock’s market value
increased to Rs 39,988 crore after closing on March 22, 2017. This put it ahead of Britannia
Industries, Marico, and Bank of Baroda as the 65th most valuable Indian company.D-Mart is the
33rd largest company listed on the Bombay Stock Exchange, with a marketvaluation of close to
114,000 crores as of November 21, 2019.D-Mart is a one-stop supermarket that seeks to provide
clients with a large choice of basichousehold and personal products all in one place. Food,
toiletries, beauty items, clothing,kitchenware, bed and bath linen, home appliances, and more are
all available at low pricing ineach D-Mart shop, which our customers love. Our primary goal is
to provide excellent products at a reasonable price to our consumers.We think that
comprehensive ‘On the Job’ training and professionalism at work are the keysto achieving
excellence in customer service. We promote simplicity and humility in our employees and feel
that the only way to advance is via integrity and merit. We hire peoplewho are unapologetically
committed to our principles.We at D-Mart believe in corporate social responsibility and have
always been dedicated togiving back to the areas where we do business. We are highly conscious
of the necessity andvalue of social stewardship while focusing on sustainable economic
performance. To thisend, we want to improve the lives of the next generation – our country’s
children – byworking to improve the environment and facilities at public schools in a few
Mumbai wards.