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January 12, 2025: In a significant shake-up, Avenue Supermarts’ long-serving CEO Neville Noronha exits after two decades at the helm of DMart, paving the way for Unilever’s Anshul Asawa to take the reins as the new chief executive.

Avenue Supermarts, the parent company of DMart, has announced that its CEO and Managing Director, Neville Noronha, will step down after a 20-year tenure. Noronha has decided not to renew his role as CEO and MD, and his term will conclude in January 2026....