Avenue Supermarts Limited informed that the Company has received an order imposing penalty on the Company, the details of which are as follows: Name of the authority ­- Adjudicating Officer and Assistant Commissioner, Food and Drug Administration - Nashik, Maharashtra. Nature and details of the action(s) taken, initiated or order(s) passed - Penalty of INR 50,000 has been imposed on the Company. Date of receipt of direction or order, including any ad-interim or interim orders, or any other communication from the authority - April 18, 2024.

Details of the violation(s)/contravention(s) committed or alleged to be committed - The order has been issued for alleged violation of certain provisions of the Food Safety and Standards Act 2006 for a product (manufactured by another company) available for sale beyond use-by date at one of the Stores of the Company. . Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible - The financial impact of the aforesaid order is to the extent of the penalty imposed.

There is no material impact on the operations or other activities of the Company due to the said order.