Avenue Supermarts was penalised Rs.55.75 lakhs by GIFT City authority for project completion delays. The company is evaluating the penalty letter and says operations are unaffected.
Avenue Supermarts Limited received a Rs. 0.28 Crore penalty from the Greater Bengaluru Authority. The fine relates to construction non-compliance at a company project site.
Avenue Supermarts Limited has been imposed penalties totaling ₹0.62 Crore by NOIDA and PMRDA authorities for non-compliance regarding construction activities at two of its project sites.