Avenue Supermarts Invests ₹174.99 Crore in DMart Ready's E-Commerce Arm

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Ltd. has invested ₹174.99 crore in Avenue E-Commerce Ltd. (AEL), operator of DMart Ready, by subscribing to 4.67 crore equity shares at ₹37.41 per share. This raises Avenue Supermarts' stake in AEL from 99.71% to 99.74%. The funds will support AEL's operations and expansion.