Avenue Supermarts DMART appoints Kalpana Unadkat as chairperson, she replaces Chandrashekhar Bhave

Avenue Supermarts Limited on Saturday, March 14, announced the appointment of Kalpana Unadkat as the president of the company.

The company, which operates the DMart supermarket chain, said in a statement that Unadkat will replace Chandrashekhar Bhave as Chairman on April 1.

“We inform you that Mr. Chandrashekhar Bhave (DIN: 00059856), Chairman, will complete his second term as an Independent Director on 16 May 2026,” Avenue Supermarts Limited, Corporate Services Department wrote in a letter to BSE Limited dated March 14, 2026. he said.

It was informed that the Board of Directors held a meeting on Saturday, March 14, 2026 and approved “the appointment of Independent Director Ms. Kalpana Unadkat (DIN: 02490816) as the President of the Company on April 1, 2026.”

“As a result, Mr. Chandrashekhar Bhave’s term as Chairman will cease as of the end of business hours on March 31, 2026,” the company wrote.

Kalpana Unadkat’s term as president ends on May 16, 2026.

Who is Kalpana Unadkat?

Kalpana Unadkat has 25 years of experience in corporate law, governance and cross-border mergers and acquisitions, according to the NSE filing. He is a “dual qualified lawyer” in India and the UK.

Unadkat was previously a Senior Partner at Khaitan & Co and Co-Head (India Practice) at Ashurst, a London-based international law firm, where he advised global companies on cross-border mergers and acquisitions and strategic joint ventures, the NSE filing said.

“On the board, Unadkat brings deep expertise in corporate governance, regulatory frameworks and board effectiveness,” said a brief profile of Unadkat shared by the company in its NSE filing.

Unadkat is widely recognized as an authority on corporate matters.

management and board leadership. “He brings a collaborative leadership approach that encourages open dialogue, balanced deliberation and strong board involvement,” the application said.

Beyond his professional consultancy work, Unadkat has also contributed significantly to the development of management leadership in India.

Drawing on his extensive international experience, he regularly engages with boards and senior executives on board effectiveness, leadership and governance management issues.

“Through these interactions, he mentored and influenced more than 200 directors and senior leaders, contributing to stronger standards of board leadership and governance across the organization,” the statement said. expressions were used.